In a move that shocked the financial market,Ross Gerber, one of Tesla’s leading investors and Gerber Kawasaki Wealth & Investment Management CEOs, just called outElon Muskresign from Tesla’s CEO position. This call takes place immediately after the company faces a huge stock value down.800 billion USD.
The cause of the huge decline
According to experts, this serious decline not only reflects the usual market fluctuations, but also related to Tesla’s intrinsic factors. Concerns about management, business strategy, as well as workElon Musk spends too much time with other projectsLike SpaceX and Twitter, many investors lose confidence.
Ross Gerber did not hesitate to express his disappointment through social networks, when he emphasized that Tesla needs oneLeaders are more focused, especially in the time when the electric vehicle market is becoming more fierce than ever.
The call for a shocking resignation
The call for Elon Musk to resign by Ross Gerber created a strong reaction from investors and media. In a recent post on Twitter, Gerber wrote:
“Tesla needs a full -time CEO. Elon Musk is too busy with Twitter and other projects. This is not a way to manage a company worth hundreds of billion dollars.”
Gerber also emphasized that if Musk could not spend all the focus on Tesla, he should give the right to lead to another person more capable.
The reaction of Elon Musk and the market
Although Elon Musk has not officially responded to Ross Gerber’s call, the stock market has had clear reactions. Tesla’s shares continue to fluctuate strongly, while analysts are closely monitoring the next development.
Some experts believe that Elon Musk’s departure from the CEO position can cause unforeseen consequences for Tesla, especially when this brand depends heavily on his reputation and influence.
Tesla’s future under pressure
With the serious stock value and increasing criticism, Tesla is facing the pressure of changing to regain confidence from investors. Whether Elon Musk continues to take control or not is still a big question, but obviously, signs of instability have made the company face many challenges in the future.
