In a dramatic turn of events, prominent Tesla investor Ross Gerber has publicly called for Elon Musk to resign as CEO, citing the company’s massive $800 billion drop in market capitalization.

Gerber voiced his concerns during a recent appearance on Sky’s Business Live, where he questioned Musk’s ability to lead the company amid growing instability.

Once a powerhouse in the electric vehicle sector, Tesla has seen its stock nosedive in recent months. The steep decline has alarmed investors, many of whom point to Musk’s split focus across multiple enterprises—including SpaceX, X (formerly Twitter), Neuralink, and others—as a major issue.

“Elon is a true innovator, but the reality is that Tesla needs full-time leadership now more than ever,” Gerber stated. “His attention is divided, and some of his recent choices have negatively impacted the company’s performance and public image.”

Gerber’s remarks have sparked fierce debate within the Tesla community. While some investors support the idea of new leadership to steady the ship, others remain fiercely loyal to Musk, crediting him for Tesla’s rise and continued innovation in electric vehicles and autonomous technology.

Tesla is currently navigating a series of significant challenges: rising competition in the EV market, global supply chain disruptions, and mounting regulatory pressures. The stock’s recent collapse has only heightened concerns about whether the company can sustain its momentum with Musk at the helm.

Musk has yet to issue an official response to Gerber’s comments. However, he has remained active on social media, sharing updates on Tesla’s ongoing projects and expressing confidence in the company’s future. His supporters argue that despite the turbulence, Musk’s long-term vision and bold leadership are what built Tesla into what it is today—and what will carry it forward.

Industry analysts are split on what Musk’s potential departure would mean for Tesla. Some believe that fresh leadership could bring greater discipline and focus, helping rebuild investor trust. Others worry that removing Musk could destabilize Tesla even further, given his deep involvement in the company’s identity, innovation, and strategic direction.

This isn’t the first time Elon Musk has faced calls to step aside. Over the years, his unpredictable behavior on social media, conflicts with regulators, and polarizing public statements have sparked similar debates. Yet, despite past controversies, he has always retained control and led the company through both triumphs and setbacks.

At this critical juncture, all eyes are on Tesla’s board and major stakeholders. Should more influential investors echo Gerber’s concerns, it may lead to major leadership shifts or at least pressure Musk to adjust his approach. Whether this moment will trigger lasting change remains uncertain—but it has undeniably reignited discussion around Musk’s role and Tesla’s future direction.