Will Tesla’s CEO no longer be Alan Musk, why demand to be removed
Rahul Tiwari March 20, 2025 06:21 PM

There has been a demand to remove the world's richest man and Elon Musk, owner of Elon Musk (Tesla), Tesla. This demand has been made by an American investor investing via share in Tesla. The investor made several allegations against Allen Musk during a conversation at the US TV show. Because of which he sought resignation from Musk and stated the need of a new CEO for Tesla.

Let us know that there is a phase of fluctuations in the US stock market for the last several days. Meanwhile, till a few days ago, Tesla's shares also saw a huge decline. This caused heavy losses of investors. It can be gauged from the fact that Tesla's shares are currently trading with green mark, but many investors are not able to recover from the decline in Tesla's shares.

Protests are happening due to this

In America, Musk's company Tesla has been strongly opposed in the US. The impact of this protest is being seen from the company's sales to the shares. American investor Ross Gervar, who invests in Tesla's shares, expressed his displeasure during the TV show. He even demanded Alan Musk's resignation due to the damage caused by Tesla's shares that have been falling for the past several days. He said that after Donald Trump became President for the second time, Alan Musk has not been paying attention to the company ever since he got a new responsibility in the White House.

Tesla shares fell up to 34 percent

Tesla Investor said that Musk has worked to destroy his company Tesla's reputation. He said, 'I think now Tesla needs a new CEO. I have decided to raise this thing today. After the announcement of the President's reciperook tariff (such as Tit), the possibility of a trade war has intensified worldwide. There is a stir in the US stock market. NASDAQ, S&P 500 and Dow Jones are facing huge decline. Tesla's shares also fell a lot. Within a month, 34 percent declined. It fell from $ 488.54 to $ 235.86.

Alan Musk gave clarification

Let us know that in the second term of Donald Trump, Alan Musk has also been given important responsibility. After taking office, Trump formed the Department of Efficiency Department (DOGE) and it was entrusted with the responsibility to Allen Musk. When Tesla's shares declined, Alan Musk also made a big statement in his clarification. He told about his problem during a conversation with Fox Business. He said that they are able to manage the responsibilities of White House and Tesla with great difficulty.

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