Tesla Investors Demand Elon Musk Work 40 Hours Amidst Company Crisis

Investor Demands for Elon Musk

• 📌 Major pension fund leaders, holding nearly 8 million Tesla shares, are urging the board to require Elon Musk to commit at least 40 hours a week to the company.
• ⚠️ This demand stems from concerns over Musk's distractions, including a recent political role, which they cite as a "cause for serious concern."
• 📈 Investors are calling for a clear succession plan and stronger leadership as Tesla faces its worst sales drop in years and a significant stock plunge.

Former Manager's Criticism of Musk

• 🎯 A former Tesla general manager, Matthew Labraat, has publicly stated that the core problem is demand, and the problem is Elon Musk.
• 📉 Labraat noted that loyal customers began walking away when Musk's public behavior and political views shifted, aligning with groups Tesla had been fighting against.
• 🚫 His warning is stark: it's "game over" for Tesla unless Musk steps down.

Impact of Musk's Behavior on Tesla

• 📉 Global sales for Tesla are down 13%, with European sales dropping by 49%, alongside protests at showrooms and Model Y delays.
• 💸 The company has reportedly started offering discounts on Cybertrucks, a move they do not normally make, indicating a need to boost sales.
• 🚗 The speaker argues that Musk's repeated public actions, perceived as