Tesla shareholder demands Elon Musk be removed from his position

The mask is proposed to be sent on vacation for a couple of months

Tesla’s board of directors should remove Elon Musk from his post for supporting anti-Semitic views on social media, according to a company investor and leading management expert.

Jerry Braakman, president of First American Trust, wants Tesla’s board to make clear that Musk went too far by agreeing with an anti-Semitic X post that claimed Jewish communities were inciting “white hatred.”

On Friday, Disney, NBCUniversal, CNN owner Warner Bros. Discovery and other major brands have stopped advertising on X. The companies did not specifically say that this was related to Musk’s publication, but many media outlets reported that this was the case.

Elon Musk
Elon Musk

Tesla shareholder demands Elon Musk be removed from his position

Braakman argues that Tesla’s board of directors should place Musk on leave for 30 to 60 days and require him to undergo empathy training and/or therapy.

“Neither his wealth nor his technical and business prowess justify his claims. This seemed to only make the demons inside him stronger. Obviously he needs help,” Braakman said.

Jeffrey Sonnenfeld, dean of leadership at the Yale School of Management, agrees that Tesla’s board of directors should hold Musk accountable.

“The board has a responsibility to act. He should not be able to use the title of Chief Executive Officer. This must be suspended immediately,” Sonnenfeld told CNN.

The Yale professor said that if Musk were CTO rather than CEO, the impact on the stock price would not be significant.

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