Tesla investors demand Musk focus on the company

Tesla investors are increasingly concerned about CEO Elon Musk's dual roles in the electric vehicle company and politics. Musk is currently involved in the Trump administration, leading the controversial Department of Government Efficiency. This has led to calls from some investors for him to step down as Tesla's CEO. One prominent investor, Ross Gerber, has urged the board to remove Musk. He pointed out that Tesla's stock has dropped 37% this year, and the company's showrooms have been vandalized by protestors. Gerber believes Musk's leadership is harming the company's image. Despite his criticisms, Gerber is skeptical that the board will act against Musk, as he feels they prioritize Musk's interests. In contrast, another investor, Christopher Tsai, supports Musk's leadership. He acknowledges that Musk can be controversial, but insists he has created significant value for shareholders. Tsai views Musk as a visionary and believes his political role is temporary. The situation is complicated further by the fact that Tesla shareholders cannot directly vote to remove the CEO. Only the board has that authority. Experts suggest that a potential ouster could occur if enough board members recognize that Musk's actions are detrimental to Tesla's reputation. However, they also believe it is unlikely that the board will take drastic measures at this time, as Musk has consistently met growth targets. As Tesla's stock price continues to face pressure, the future of Musk's leadership remains uncertain. Shareholders and the board may need to reassess his role if the company's performance does not improve.