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Elon Musk Responds to Calls He Should Step Down as Tesla CEO – Musk Thanks a Tesla Investor Who Says He’ll Sell 75% of His Tesla Shares if Elon Steps Down

Elon Musk has acknowledged calls for his resignation as Tesla CEO after disappointing Q1 delivery results. Musk expressed gratitude to an investor who threatened to sell 75% of his Tesla shares if Musk stepped down as CEO.

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.

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.

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