SHOCKING: Top Tesla investor Ross Gerber calls for Elon Musk to step down after a $800,000,000,000 trillion stock drop.
Tesla is facing major turmoil as top investor Ross Gerber has called for CEO Elon Musk to step down following a catastrophic stock drop. The electric vehicle giant has seen its market value plunge by an astonishing $800 trillion, leaving investors stunned and raising serious concerns about the company’s future. Gerber, a well-known Tesla supporter, has now publicly voiced his belief that Musk is no longer the right person to lead the company.
The shocking decline in Tesla’s stock has sent waves through the financial world. Once considered one of the most valuable and innovative companies on the planet, Tesla has been struggling with a series of challenges, including slowing sales, increased competition, and concerns over Musk’s leadership. While Tesla has weathered stock fluctuations in the past, this unprecedented drop has alarmed investors like never before.
Ross Gerber, CEO of Gerber Kawasaki Wealth & Investment Management and a longtime Tesla investor, took to social media to express his frustration. He stated that Musk’s erratic behavior, lack of focus, and distractions from other ventures, such as SpaceX and X (formerly Twitter), have negatively impacted Tesla’s performance. According to Gerber, Tesla needs a leader who is fully committed to the company’s future rather than one constantly involved in outside projects and controversies.
“Elon Musk is a brilliant visionary, but Tesla needs stability and strong leadership now more than ever,” Gerber said. “The recent stock collapse is proof that investors are losing confidence. It’s time for a change at the top before things get even worse.”
Musk, known for his outspoken and often defiant nature, has not directly responded to Gerber’s comments. However, he has previously dismissed criticism from investors and analysts, insisting that Tesla’s long-term success remains intact. Despite recent financial setbacks, Musk has continued to push forward with Tesla’s ambitious plans, including the development of autonomous driving technology, the expansion of the company’s energy business, and the launch of new vehicle models.
While some investors agree with Gerber’s call for leadership change, others remain loyal to Musk, arguing that his vision and risk-taking are what made Tesla a global powerhouse in the first place. Tesla has faced difficult moments before, only to recover stronger than ever. However, with growing competition from companies like Rivian, Lucid, and traditional automakers ramping up their EV production, Tesla’s dominance is now being seriously challenged.
The question remains whether Tesla’s board will take any action in response to Gerber’s demands. While Musk holds significant control over the company, mounting pressure from investors could lead to internal discussions about leadership changes.
For now, the future of Tesla remains uncertain. If the stock continues to decline, the calls for Musk to step down may grow louder. Whether he chooses to fight through this crisis or eventually step aside will have massive implications for Tesla, its investors, and the entire electric vehicle industry.
