Tesla Investors Demand Musk Focus on Company Amid Political Pressure

Elon Musk faces increasing pressure from Tesla's investors regarding his involvement in politics, particularly his role in President Trump's administration as head of the Department of Government Efficiency. Major investors like Ross Gerber have publicly called for Musk to step down, citing concerns that his political commitments are negatively affecting Tesla's stock performance, which has dropped significantly since January. Despite Musk's efforts to reshape the government, investor dissatisfaction has led to a decline in Tesla's reputation and stock value, with some insiders selling shares. Another investor, Christopher Tsai, has expressed hope that Musk’s political engagement will be temporary and has cautioned that Tesla can still thrive without Musk at the helm, highlighting that the company’s fundamentals remain strong. Meanwhile, Musk has been investing additional funds into X (formerly Twitter), which has seen a valuation recovery after significant drops post-acquisition. The contrasting fortunes of Musk's ventures underscore the challenges he faces in balancing his business interests with political activities.