politics

Ross Gerber, a well-known investor and one of the early backers of Tesla, has consistently credited Elon Musk for the rise in Tesla’s stock price and the wealth it has generated for him. However, he now views the current situation as unstable and damaging.

In multiple recent interviews with various media outlets, Gerber has urged Musk to step down from Tesla’s management.

Tesla’s stock has also been under pressure lately. Its value has even declined following an official yet controversial endorsement by Trump’s Commerce Secretary, who encouraged people to buy the stock—an action that some argue was neither appropriate nor entirely legal. The coming days may bring more clarity.