Tesla Faces Calls for Leadership Change as Stock Plummets and Sales Decline

Investors urge Elon Musk to step down as CEO, citing neglect of Tesla operations and reputational damage caused by his divisive political activities.

Tesla's stock has dropped over 40% since January 2025, with shares now trading at $232, down from nearly $480 in December 2024.
Global sales have sharply declined, including a 49% drop in China and a 76% year-over-year decline in Germany last month.
Prominent investor Ross Gerber has publicly called for Elon Musk to resign as Tesla CEO, citing his focus on government roles and neglect of the company's operations.
Tesla's reputation is deteriorating, with falling used car prices and declining consumer interest linked to Musk's controversial actions and statements.
Competition from rivals like BYD is intensifying, with innovations such as faster charging technology further challenging Tesla's market position.