Tesla faces internal turmoil as top investor Ross Gerber demands Elon Musk’s resignation following an $800 billion stock collapse. Is the EV giant entering a leadership crisis?
Tesla, once the unstoppable force of the electric vehicle revolution, is now facing one of the most dramatic turning points in its history. Following an **$800 billion plunge in market value**, prominent Tesla investor **Ross Gerber** has boldly called for **Elon Musk to step down as CEO**. This rare and public rebuke has sent shockwaves through the investment community and ignited a heated debate about the future direction of the company.
Ross Gerber, a long-time Tesla bull and CEO of Gerber Kawasaki Wealth & Investment Management, expressed his frustration over what he sees as mismanagement, distraction, and declining investor confidence. “Tesla needs focused leadership,” Gerber stated, emphasizing that the current situation is unsustainable if the company wants to regain market trust and protect shareholder value.
Tesla’s market capitalization has dropped from its all-time high by a staggering $800 billion, erasing massive gains and sending **investors into panic mode**. While multiple factors are contributing to the decline—macroeconomic pressures, increasing EV competition, and slowed growth in key markets—the spotlight has increasingly fallen on Elon Musk’s leadership.
Critics argue that Musk’s attention has been diverted by his other ventures, particularly X (formerly Twitter), which he acquired in late 2022. Some investors believe that his controversial public behavior and polarizing opinions have damaged Tesla’s brand image and alienated potential buyers and partners.
Gerber’s call for Musk’s resignation is not just a one-off comment. It reflects a growing sentiment among institutional investors who are now questioning whether the man who built Tesla into a global powerhouse is still the right person to lead it into the future. The tension between visionary leadership and operational stability has never been more pronounced.
Despite the turmoil, Musk still has strong supporters who argue that his unique vision and risk-taking have made Tesla what it is today. They warn that removing him could cause more harm than good, potentially leading to a **crisis of identity** and innovation at the company’s core.
However, with Tesla’s stock in free fall and its competitive edge being challenged, the conversation around **board accountability, CEO focus, and corporate governance** has intensified. Some analysts suggest it may be time for Tesla to mature as a company, with clearer structures, leadership roles, and more traditional oversight mechanisms.
As this high-stakes drama unfolds, investors, employees, and fans alike are watching closely. Will the board act? Will Musk respond to the pressure? And most importantly, can Tesla recover from this blow and reassert its dominance in the EV space?
Only time will tell whether this moment becomes a wake-up call—or a breaking point—for one of the most iconic companies of the 21st century.