Business and Finance
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Business and Finance
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'Business has been neglected': Longtime Tesla investor demands Elon Musk resign as CEO

Ross Gerber — one of the earliest investors in the Tesla electric vehicle company — is now calling on South African centibillionaire Elon Musk to step down from his role as chief executive. Gerber delivered his remarks on Sky News,
A long-time Tesla investor, Ross Gerber, has publicly called for Elon Musk to resign as CEO of Tesla, arguing that Musk has been neglecting the company in favor of other ventures like Twitter and xAI. Gerber, who has been a Tesla shareholder for over a decade, expressed his concerns on CNBC, highlighting that Tesla's business has suffered due to Musk's divided attention. He pointed out issues like the lack of a clear succession plan, the need for a new CEO to focus on Tesla's core business, and the company's recent challenges including a significant drop in stock value and production issues in China. Despite his criticism, Gerber emphasized that he remains a supporter of Tesla and believes in its potential, but feels a change in leadership is necessary for the company to thrive.

Read the Full AlterNet Article at:
[ https://www.msn.com/en-us/money/executive-leadership-and-management/business-has-been-neglected-longtime-tesla-investor-demands-elon-musk-resign-as-ceo/ar-AA1BcvYe ]