A top Tesla investor is calling upon Elon Musk to have him ousted as the firm’s CEO after calling the business tycoon detrimental for the company.
Tesla investor Ross Gerber who is the CEO of Gerber Kawasaki Wealth and Investment Management explained to Newsweek that it’s about time for the Tesla board to kick out Musk as the CEO.
Today, Gerber has a massive 250,000 shares for Tesla which was valued at $248.71 which is nearly 49 million pounds.
But a share for Tesla stock would be worth more than $475 per share just before Christmas. Gerber mentioned how he was sure that this was the best decision moving forward for the company and that it would prosper without Musk’s name on the front.
He shared how the board shouldn’t have given the billionaire the chance to lead Tesla at the start and ever since his entry into the organization, it’s really gone downhill from there.
Gerber also felt that he shouldn’t have been allowed to purchase Twitter without appointing someone else to lead Tesla. As a result, the car manufacturer has defaulted and gone down hill, which is not something that they had anticipated.