Tesla investor demands Elon Musk STEPS DOWN as EV car company's value tanks more than $800bn

By GB News (World News) | Created at 2025-03-18 19:16:21 | Updated at 2025-03-20 15:50:45 1 day ago

One of the first investors in Tesla has called on Elon Musk to step down as chief executive.

Ross Gerber said the controversial billionaire had lost his focus given his wide range of interests, saying he was now too "divisive" to lead the company.


Gerber told Sky News: "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."

More to follow...

Musk and a Tesla charger

Elon Musk has been long associated with Tesla

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Musk

Musk, who leads the Department of Government Efficiency (DOGE) under the Trump administration

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Ross Gerber has called on Musk to stand down\u200b

Ross Gerber has called on Musk to stand down

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