India, April 1 -- Elon Musk should step down as CEO of Tesla or give up his other jobs, stated Tesla investor Ross Gerber. The suggestion came after Tesla stocks saw a decline of 36% in the first three months of 2025, the sharpest decrease since 2022 and the third-largest drop for a quarter in history.

Speaking to Sky News, Gerber, the CEO of Gerber Kawasaki Wealth Management, stated that Musk is obviously committed to his DOGE role in the government. Stating that he is spending most of his time with the Trump administration rather than running Tesla, he asserted, "I think Tesla needs a new CEO. The business has been neglected for too long."

Ross Gerber, an ardent advocate of change on the company's board, has become more critical of Mu...