Elon Musk's Leadership Under Scrutiny Amid Tesla's Stock Struggles

Tesla's recent stock decline has prompted significant concern among investors and analysts alike. Following a dramatic 51% drop from December's peak, CEO Elon Musk urged employees to 'hang on' to their shares during a livestreamed meeting.

Despite his reassurances, the company's market value has plummeted by $740 billion, leading to calls for changes in leadership. Notable investors, including Ross Gerber, have voiced their dissatisfaction, suggesting that Musk's divided attention between various ventures and political engagements is detrimental to Tesla's performance.

Furthermore, insiders have recently sold over $90 million in shares, raising eyebrows about the company's stability. Conversely, retail investors have demonstrated unwavering confidence, achieving a decade-high buying spree.

This juxtaposition highlights the complexities Tesla faces as it navigates market challenges while striving to maintain its innovative reputation amidst rising competition and brand issues.