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A major Tesla investor, Ross Gerber, has called for Elon Musk to resign as CEO, citing the negative impact of Musk's divisive political ties and government role on the company's reputation and sales. Gerber stated that Tesla has been neglected under Musk's leadership, leading to a significant drop in stock prices, from nearly $480 to around $232 per share. He emphasized the urgency for new leadership to revitalize the struggling company.
Elon Musk's wealth is increasingly driven by SpaceX, which is valued at $350 billion, making his 42% stake worth $136 billion—$43 billion more than his 13% stake in Tesla, valued at $92.6 billion. Tesla's stock has plummeted over 50% since mid-December, significantly impacting Musk's net worth, which has dropped by $130 billion this year to $303 billion. Despite his financial decline, Musk remains the richest person on the Bloomberg Billionaires Index.
Elon Musk's Department of Government Efficiency (DOGE) has significantly reduced federal cybersecurity resources, raising alarms among experts about potential risks to personal data and national security. The agency's aggressive cuts, including the firing of key cybersecurity personnel and cancellation of contracts, could expose sensitive information and make systems more vulnerable to fraud and cyberattacks. Critics warn that these actions jeopardize the privacy of American citizens and the integrity of essential government services.
Elon Musk recently discussed "magic money computers" during a podcast with Sen. Ted Cruz, highlighting concerns over government financial practices and accounting. He criticized the lack of oversight, suggesting that the government can create money without proper checks, akin to a failure in double-entry accounting. Experts noted that while the government can print money, this can lead to inflation, raising questions about fiscal responsibility and the implications of such monetary policies.
Elon Musk may face a margin call on loans secured by his Tesla shares if the stock continues to decline. Currently, Tesla shares are down 41% this year, and reports suggest Musk would need to sell shares if the price falls to around $114, potentially exacerbating the stock's decline. Analysts remain optimistic about Tesla's future despite these challenges.
Elon Musk shared a manipulated survey claiming that 70% of Germans would consider buying a Tesla, despite a previous report showing only 3% interest. The survey was found to have been rigged by bots, with 253,000 votes from just two US IP addresses, leading to its shutdown. Tesla's sales in Germany have plummeted, with a 41% drop last year and a staggering 70% decline in early 2025, attributed to Musk's diminishing credibility and increased competition.
Elon Musk's cuts to the US Agency for International Development have resulted in GiveDirectly losing $20 million in expected funding, impacting its programs aimed at combating global poverty. The organization, which provides unconditional cash transfers, has suspended initiatives in conflict zones, including support for young entrepreneurs in Mozambique. Despite launching a campaign to raise funds, GiveDirectly faces challenges in securing private donations amid a broader reduction in philanthropic support.
Morgan Stanley is set to lay off approximately 2,000 employees, representing about 2.5% of its workforce, as part of cost-control measures. The cuts will affect most of the 65,000 workers outside the financial advisory group, with selections based on performance and location, while some roles will be eliminated due to AI advancements. Despite these layoffs, the company’s stock has seen a decline of around 6% in 2025, although it has gained over 34% in the past year.
Tesla's stock saw an uptick following CEO Elon Musk's interview with Sean Hannity, where he expressed surprise at recent protests and negative sentiments towards the company. After eight weeks of declines, the stock benefited from California's approval for Tesla to start ride-hailing services, a crucial step for its future plans. Analysts remain optimistic despite challenges from consumer pushback and reduced EV tax credits.
Tesla has faced a surge of violent attacks across the U.S., with incidents including arson, vandalism, and gunfire targeting its properties and products. Officials, including Attorney General Pam Bondi, have labeled these acts as domestic terrorism, promising severe consequences for those involved. CEO Elon Musk expressed shock at the level of hatred directed towards Tesla, emphasizing the company's peaceful mission.
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