A report on Wednesday said Elon Musk could soon exit the White House.For the investor Ross Gerber, that wouldn't be enough to turn the company's fortunes around.The longtime Tesla backer said the car company needed a new face to get back on its feet.

Ross Gerber, an early Tesla investor, renews his call for Elon Musk to step down as CEO, citing divisiveness and distraction due to Musk's involvement

Investor Ross Gerber has grown increasingly critical of Elon Musk, particularly since his involvement with the White House

Mr. Musk’s involvement in right-wing politics contributed to a 13% drop in deliveries in the first quarter, including steep declines in E.V.-friendly places like Norway.

A new report from the state Electric Vehicle Coordinating Council reveals that EV sales fell short in 2024, while one analyst argues that the main beneficiary of Washington state’s EV mandates and rebate program so far has been Elon Musk’s Tesla.

Tesla delivered 13 per cent fewer cars in the first quarter of this year, it has said, amid growing backlash to Elon Musk. The company is facing a host of problems, including criticism of chief executive Musk’s role in the Trump government as well as increased competition and an aging line up of electric vehicles.