Not everyone is buying Musk’s arguments. Fingers are being pointed in his direction at the moment, and from Tesla investors, no less. Ever since Musk disclosed his intentions to run the show at Twitter, concerns were raised that the social media platform will distract him from his duties at Tesla. Back then, Musk promised that won’t happen and assured investors that Tesla will always be his top priority.
Ross Gerber, chief of Gerber Kawasaki Wealth Management, which is also an investor in Tesla, told Bloomberg that Musk should hire someone with the right social media experience to run Twitter. “I think he just got himself maybe over his skis in an area that he’s just not suited to deal with the subtleties of,” he said. In a tweet, Gerber mentioned that “Tesla stock price now reflects the value of having no CEO.” Tesla’s third-largest shareholder, Leo Koguan, tweeted last week that “Elon abandoned Tesla and Tesla has no working CEO.”
Another investor, Joseph Cirincione, wrote in The Daily Beast that “Musk’s erratic behavior on Twitter raises serious questions about his mental stability and management ability.” He separately tweeted that he wants Musk to get off Twitter. Musk, on the other hand, recently conducted a poll asking users if he should step down as Twitter’s CEO. A majority of the respondents voted in favor of Musk’s departure, but the billionaire says he will step down when he finds someone foolish enough to take over.
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