BEVERLY HILLS, CA – OCTOBER 03: President & CEO, Gerber Kawasaki, Ross Gerber speaks onstage at TheWrap’s 8th Annual TheGrill at Montage Beverly Hills on October 3, 2017 in Beverly Hills, California. (Photo by Emma McIntyre/Getty Images)© Reach Publishing Services Limited
A major Tesla investor has called on Elon Musk to step down as head of the company as a nationwide boycott causes stock prices to plunge.
Ross Gerber claimed that the Space X CEO and head of the Department of Government Efficiency has “destroyed” the electric vehicle maker’s reputation from his work with the Trump administration, which comes amid cars being set on fire with Molotov cocktails and a man set fire to himself outside a charging station.
The investor told Sky Business Live yesterday, “I think Tesla needs a new CEO and I decided today I was going to start saying it, and so this is the first show that I’m saying it on.”
‘It’s time for somebody to run Tesla,’ he added, saying that Musk has spread himself too thin while attempting to balance his work at DOGE and at X.
