The waters are not calming down in Tesla. Demands among company shareholders for the dismissal of CEO Elon Musk are gradually rising. Criticisms of Musk’s leadership style and decisions were ignored by the board of directors and the majority of shareholders. However, this discontent has increased even more recently.

Tesla investors shake Elon Musk’s seat

Investors suggest that Elon Musk is distracting Tesla from its mission to transition to sustainable transport and energy. The threat of mistrust, the sudden dismissal of the charging team, social media addiction and support for politicians who support policies that contradict Tesla’s goals cause him to be criticised.

The posts on Tesla’s Reddit page were the last straw. In the post, it was pointed out that despite the general growth of the electric vehicle market, no new model launches have been made in the last five years. In addition, the stagnation in delivery volumes did not go unnoticed.

Elon Musk’s interest in his other companies and his critical statements about remote working mean that he does not comply with the principles he has set himself. Although many shareholders agree with these views, they think Musk’s departure could lead to a serious drop in the share price.

For those who do not know, Musk supported far-right parties in Germany and got into discussions with the British Prime Minister. These events also aroused curiosity as they coincided with the decline in sales in key markets in Europe.