Elon Musk has effectively ‘stepped aside’ as Tesla CEO with ‘outrageous’ X comments, long time Tesla bull says

Industry News

Ross Gerber, president and CEO of Gerber Kawasaki Wealth & Investment Management who has for years vocally supported Tesla stock as an investor himself and an advisor, told CNBC Thursday Musk has “already stepped aside” as CEO of the electric car company.

Although Musk has not actually stepped down from the role, Gerber said his continual comments and engagement with X, the company formerly known as Twitter that Musk acquired a year ago, show how disengaged he is with Tesla.

“This isn’t about me calling on him to step aside, he has stepped aside,” Gerber said on CNBC’s “Last Call.” “None of his actions are to benefit Tesla. He thinks in some weird world that what he says matters, but what he’s really doing is destroying everything he built.”

 

Source: Business Insider

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