Elon Musk’s former CEO, Ross Gerber, one of Tesla’s earliest traders, has reaffirmed his call for him to step down as CEO, claiming that his involvement with US President Donald Trump has caused him to become too “divisive” and diverted from the company’s primary mission.
According to Gerber,” The company has been neglected for too long… The business needs a new CEO.” He also cited the ongoing backlash over Musk’s involvement in the Department of Government Efficiency ( DOGE ), as well as Tesla’s falling stock value, which has fallen by over$ 800 billion since December.
Prior to Musk’s acquisition of Twitter ( now X ) in 2022, Gerber, who has long been critical of Musk’s leadership, complained that his attention gap was causing Tesla’s brand to suffer.
He believes the board has been “wildly careless” by failing to stop Musk’s contentious claims and holds more than 250, 000 Tesla stocks.
Who is Ross Gerber?
- Gerber Kawasaki Wealth and Investment Management, a financial company with an estimated$ 1.8 billion in assets as of 2022, is co-founded, president, and CEO Ross Gerber.
- He has a solid reputation in financial circles and is well-known for his knowledge in tech, clean power, transportation, and media investments.
- Gerber graduated from the University of Pennsylvania on February 10, 1980, earning degrees in song, business rules, and connections.
- He joined an independent company affiliated with SunAmerica Securities in the late 1990s, where he began his career in investment control. He was in charge of a tree with 15 officials in 1997, and by 1999, he had become the vice president and COO, with over 200 advisors in his charge.
- Gerber co-founded Gerber Kawasaki Wealth and Investment Management in 2010, which has grown considerably and serves a clientele totaling over 10,000.
- In 2020, the Los Angeles Business Journal named the company as one of the fastest-growing in Los Angeles. Gerber has even won praises for upholding diversity and inclusion in the financial industry.
- Gerber is a well-known journalist who frequently appears on CNBC, Bloomberg, Reuters, Fox Business, Yahoo Finance, and more.
- He has become one of the most powerful investors online thanks to his social media presence, frequently using his system to push for changes at Tesla.
- When Musk purchased Online in 2022, Gerber publicly warned that Tesla’s status would suffer as a result. More late, with Musk focusing on Trump’s DOGE office, Gerber has reiterated that Tesla deserves a full-time CEO.
- Despite his pro-business stances, Gerber maintains a significant stake in Tesla, claiming that its products and technologies are among the best on the market.
- Elon Musk’s “reputation has been destroyed by Tesla,” he claims, making a leadership change required to resurrect investor trust.
