Elon Musk has addressed calls for him to step down as Tesla CEO. Musk made his comments in response to a Tesla investor who goes by the X handle Teslaconomics.
Teslaconomics is one of the strongest supporters of both Tesla and Elon Musk.
And in defense of Musk, Teslanomics has come out against the growing call, even among Tesla investors, for Musk to resign from his CEO position at the EV maker.
Teslanomics not only defends Musk’s leadership position at Tesla but says he’ll immediately sell 75% of his TSLA shares if Musk steps down as CEO.
Expanding on his belief that Musk is essential to Tesla’s future, Teslanomics highlights key opportunities the company is exploring, such as level 5 fully autonomous vehicles, a robotaxi, and the Optimus robot, emphasizing that none of these innovations would be possible without Musk's influence.
Teslanomics writes…
“If you think Elon doesn’t need to be CEO of Tesla, you clearly haven’t done your homework.
He is Tesla’s most important asset - the reason moonshot ideas like Unsupervised FSD, Robotaxis, and Optimus are even on the table, let alone become a reality.
I wouldn’t be a Tesla investor if Elon wasn’t leading the way. And if he ever stepped away, I would sell 75% of my Tesla shares IMMEDIATELY.
Smart long-term investors know that Elon is the reason we stand behind this company.”
Beneath his post, Teslanomics featured a brief AI-generated video of Elon Musk, donning a coat adorned with Tesla’s logo and sunglasses, set against a backdrop of fire and lightning.
Given the video portraying Musk as a superhero and threat to sell 75% of his Tesla shares if he is removed from his CEO position, it is clear that Teslanomics is a huge fan of Musk.
Thanks
— Elon Musk (@elonmusk) April 3, 2025
Teslanomic’s post supporting Musk arrives as Tesla reports one of the steepest declines in vehicle deliveries in the company’s history.
Some of the delivery contraction can be attributed to the fact that Tesla has shifted to producing the updated Model Y in all four of its vehicle factories around the world.
However, examining the delivery numbers while setting aside the Model Y indicates that Tesla still faces a significant demand problem for the rest of its vehicle lineup.
Quarter over quarter, Cybertruck, Model S, and Model X deliveries are down 45%.
And according to the regional data we’ve analyzed so far, Model 3 deliveries are significantly down across the world.
A decline in deliveries is bad enough; however, this situation is even more critical for Tesla, as the EV maker is seen as a high-growth company. According to Tesla’s own guidance, vehicle deliveries were projected to increase by 50% each year until they reach 10 million vehicles annually by 2030.
However, let alone growth, Tesla’s Q1 2025 delivery is 20% lower than what the company delivered back in Q1 2023.
Tesla’s delivery numbers initially declined between 2023 and 2024, and now they are decreasing from 2024 to 2025.
As I mentioned, if Tesla was growing according to the company’s long-term plan of 50% compounded growth each year, Tesla’s delivery in Q1 2025 was supposed to reach 951,000 units.
However, according to the latest delivery numbers, in Q1 2025, Tesla only delivered 387,000 vehicles.
This is 615,000 fewer vehicles than what the EV maker was supposed to deliver in the first quarter of the year.
In other words, Tesla’s Q1 2025 deliveries are only 41% of what the company planned.
With this massive miss, it’s not surprising that a lot of Tesla investors might be frustrated with Musk.
However, during this precarious time, Musk has chosen to highlight his core supporters. He expressed gratitude for their backing, and in response to Teslanomics, who partly warned that he would sell 75% of his shares if Musk stepped down, Musk simply responded by writing, “Thanks.”
CEOs don't often need to highlight investors threatening to exit if the CEO departs. Nonetheless, due to Tesla’s declining sales, Musk seems to be in a vulnerable leadership role.
Overall, looking at the comments, a significant number of Tesla loyalists still seem to support Musk. However, please let me know what you think in the comments. Share your ideas by clicking the RED “Add new comment” button below. Also, make sure to visit our site, torquenews.com/Tesla, regularly for the latest updates.
For more information, check out: A Cybertruck Owner Says He’s Thrilled that Tesla Sold Him a Defective Truck. He adds, “I Can Now Return the Truck to Tesla at Full Price & Buy a Brand-New Cybertruck for $30,000 Less"
Tinsae Aregay has been following Tesla and the evolution of the EV space daily for several years. He covers everything about Tesla, from the cars to Elon Musk, the energy business, and autonomy. Follow Tinsae on Twitter at @TinsaeAregay for daily Tesla news.
Comments
75% of what? Like 5 shares…
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75% of what? Like 5 shares or 100,000 shares? 🤷♂️
Tesla is poised to ramp…
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In reply to 75% of what? Like 5 shares… by Bob (not verified)
Tesla is poised to ramp production. Key projects like the Cyber Truck and M3 & MY Refresh had to be taken care of before introducing new and/or more affordable models. The 2025 Q1 decline is being compared to 2024 Q4 which the year end numbers are always the highest and beginning of the year are always the lowest. RoboTaxi is still on track to launch in June. More profitable times are just ahead.
It was one of Elon's burner…
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In reply to 75% of what? Like 5 shares… by Bob (not verified)
It was one of Elon's burner accounts.
Doesn't matter how many…
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In reply to 75% of what? Like 5 shares… by Bob (not verified)
Doesn't matter how many shares he has. his opinion is just his opinion. People in his cult are not logical and are just fanbois. Like fans of a team your guy is never bad and anything good is great.
If the CEO becomes toxic to your vote customers and the brand on many key world markets he had to go. Of course, the board is his yes people and not really working on the best interest of shareholders anyway.
Exactly
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In reply to 75% of what? Like 5 shares… by Bob (not verified)
Exactly
He won't have to sell he'll…
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In reply to 75% of what? Like 5 shares… by Bob (not verified)
He won't have to sell he'll lose that much more if he holds on.
Totally meaningless post…
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In reply to 75% of what? Like 5 shares… by Bob (not verified)
Totally meaningless post about the promise to sell 75% of shares. Could be 75% of nothing. And given the nature of the video attached to that post, it's obviously a very immature person posting -- so another reason not to place any importance on this. Was obviously just mentioned in this "article" as click-bait -- unless the author of this article was actually stupid enough to think it means anything.
I can respect Elon’s past…
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I can respect Elon’s past business accomplishments - there are many. But his current mindset and endeavors are clearly not conducive to Tesla’s future. New leadership is sometimes a necessary step that a company must take. This is not without precedent in the corporate world. It is time for a breath of fresh air from the stagnant funk that the employees, owners, and investors are choking on.
Why is a guy who calls…
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Why is a guy who calls shuttle launch pads "Super Heavy Boosters" for his X ships in charge of anything beyond selecting the employee meal options for the day? When I read that news, the world seemed a little more...sane.
He needs go. In any other…
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He needs go. In any other company, he would be long gone by now. Only other option is to get out of politics and focus on the company. The damage though he has caused is probably unrecoverable with him as leader. You can’t grow a company if half of the world is against your product!
Anyone that has been in…
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Anyone that has been in Tesla knows this is Elon. Smh
If ANY other CEO did this…
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If ANY other CEO did this kind of damage to their brand and sales, they would be fired in a heartbeat. Musk should be no different. With the exception of Tesla cult followers, everybody realizes that Musk needs to leave to stop the bleeding of the wounds that he inflicted on the company. Musk's enemies could not have done worse damage to Tesla than he has done himself. Musk should leave DOGE and divest his shares in Tesla so that Tesla can recover and thrive again.
Musk needs to resign after…
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Musk needs to resign after he destroyed peoples life without a blink of an eye. He seemed to have taken a thrill to do that especially with this chainsaw.
I already did sell 95% of my…
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I already did sell 95% of my TSLA stock. A rocket can only go up for so long before it comes down to earth. It was a good run from $12 to $360. Thanks Elon, but when you do a obvious and intentional Natzi salute and then chainsaw the federal workforce for your own legal benefit, I can't support that. Tesla has betrayed there original goal of spurring EV adoption and has turned into a vanity project and cash cow of Elon's discretion.
Musk needs to step down from…
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Musk needs to step down from Tesla.
Elon, what you’ve done with…
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Elon, what you’ve done with Tesla is extraordinary and the future of Tesla is exciting and highly anticipated for stock owners. Great job! However, the people who are asking that you step down are those who have invested in Tesla as an income vehicle that has been shattered due to your political engagement. Those who are more financially stable can ride this turbulence longer than that person who perhaps has been trading options or similar trades for their additional income. We all know stocks fluctuate due to several market swings, but this Tesla turbulence was primarily inflicted by leadership not markets, so it is more of a plea for stability more so than it is a call for you to step down.Your leadership is what got Tesla here, and it will be your great leadership that will navigate Tesla back to its dominant foundation. It’s much easier for the wealthy or the well off to ride out stock fluctuations than average investors, so there perspective will always be different, therefore, great leadership is of great importance. Keep up the good work! You are the king of Tesla! Govern your kingdom into the new world of valuation dominance!
Elon made everyone so rich…
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Elon made everyone so rich in last 10 years. Now in this difficult time we have to support him. Also with our support and elons leadership Tesla s future looks Great. Not easy to find CEO like Elon.
Elon Musk is Tesla. …
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Elon Musk is Tesla. Liberals are a bunch of petty losers. I just bought a Tesla and simply love it.
I am a owner/ stockholder of…
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I am a owner/ stockholder of a Tesla 3 and would sell it if I could get any type of decent price for it. I love the car but can no longer deal with Musk. His hand raising to even remotely infer Hitler was what turned me totally against him and and recent remarks. I am going to dump the stock very soon. I love my Tesla but can not stand the man behind it any longer. Hopefully car price will rebound and I can get a electric vehicle from a company that respects people.
I am a owner/ stockholder of…
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I am a owner/ stockholder of a Tesla 3 and would sell it if I could get any type of decent price for it. I love the car but can no longer deal with Musk. His hand raising to even remotely infer Hitler was what turned me totally against him and and recent remarks. I am going to dump the stock very soon. I love my Tesla but can not stand the man behind it any longer. Hopefully car price will rebound and I can get a electric vehicle from a company that respects people.
So... who really will him…
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So... who really will him selling of 75% of his stock hurt? Other investors, Musk, ???
Sema like it's only a problem for a small group of people, and mostly tesla employees that own stock. They does auck for them in the short term, however the chances Tesla will rebound hugely from Musk being ousted seems worth it.
Little pain now for a lot of return long run? Or keep him in, and watch Tesla tank even more daily.
Sounds like I want a little…
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Sounds like I want a little b**** Tesla investor
Musk’s exit is overdue. He…
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Musk’s exit is overdue. He is no longer in control of himself and his misrepresentations on everything from the ever next quarter completion of FSD to his overhyped robots that still require human minders to control together mean he is unfit. No amount of ketamine and shrooms will get him to return to actually leading - if indeed he ever did. Shrill declarations are not accomplishments. The real question is whether Tesla the company can survive- with or without him.
If he believes so much in…
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If he believes so much in Elon, then if Elon steps down, it would only be the right thing that he's sell off stock, because he'd believe that the company stock would go down. I suspect the stock would go up if he steps down. So the premise that his selling 75% of his stock would be of consequence is stupid. Especially if he doesn't own at least several teams of millions of dollars worth of stock. I say, bye bye Elon, bye bye teslanomics.
Hate the Player, don't hate…
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Hate the Player, don't hate the Game. Tesla is #2 globally, behind BYD in China. All other American EV companies (and imports) are very far behind Tesla sale numbers in US (and globally). Many are praying on the downfall of Tesla when it has contributed to the reduction of carbon emissions more than any American company. Number 1 selling EV pickup (CT) and best selling EV (Y) in America. American jobs and technology advances are good for the US. Unclear who and what their interests are in the failure of this generational company that employs thousands of American citizens. The President is making the decisions, DODGE is simply there to implement the policies-anger is misplaced. It would be devastating to EVs, the globe and high paying US jobs if Tesla failed.
Tesla is Elon musk and we're…
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Tesla is Elon musk and we're all going to be surprised when Tesla stock is over $2000.
Bet the X account is a…
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Bet the X account is a sycophant of Musk, or someone Musk pays to post stupid ass shit like this.
Let him sell his 15 shares 🙄
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Let him sell his 15 shares 🙄
Having things "on the table…
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Having things "on the table because Musk is there" and them becoming reality are two vastly different things. This is why Tesla is a glorified meme stock. It's valuation is based solely on possibilities. Possibilities that tesla has not once, ever, delivered upon.
People are finally starting to realize. Its 10% drop in one day is result of this.