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protests and vandalism escalate against tesla amid calls for musk to resign
Protests against Elon Musk have escalated, with five arrests at a Manhattan demonstration and vandalism targeting Tesla vehicles, including an arson attack in Las Vegas. Amid a significant stock decline, major investor Ross Gerber has called for Musk to step down as CEO, citing damage to Tesla's reputation and sales. President Trump condemned violence against Teslas, labeling perpetrators as "domestic terrorists," while Musk remains optimistic about the company's long-term prospects.
Tesla executives and board members sell over 100 million in stock
Tesla board members and executives have sold over $100 million in stock amid a nearly 50% decline in shares since mid-December. Notable sales include James Murdoch's $13 million and Kimbal Musk's $27 million, with transactions often linked to predetermined sales plans. Analysts suggest these moves may reflect personal financial decisions rather than negative outlooks on the company.
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