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
To prove his point he lists…
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To prove his point he lists 3 products that are all vaporware?
Tesla would be nothing…
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Tesla would be nothing without Elon. It will return to nothing without him. It's ridiculous to see how his biggest supporters for the environment ripped out their own spines when his mission to help the environment hasn't changed one bit. It's disgusting honestly to see these convictionless roaches turn coat on their former champion for climate change. Stand for something or you'll fall for anything as they say. Elon, stay strong. Fight the good fight and ignore this spineless rabble that are throwing tizzy fits. Stay true to your mission.
Simply my message about…
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Simply my message about Tesla/Elon Musk going....
There are 3 groupings of Elon Musk/Tesla haters:
1- those who eagerly want to depress the share to jump in to buy the stock on deeply discounted price....
2- Anti-Musk activist to help their Agenda...
3- Those who hate to see Elon Musk and all the DOGE THINGS going....
My advice to them ARE simple please STOP PAUSE and think and rethink about your own misdemeanor,
Whether we like it or not Mr. Musk is the only right Person to advance all the great IDEAS in THE GREATEST Company of this generation Multi-Faceted as TESLA "INGINUITY"
RECALL WHAT HAPPENED TO APPLE COMPUTER LONG AGO and the Man named STEVE JOB the founder ousted from the Company he founded and the Company almost bankrupted went penny stock.....please go read about this Company legend and our American Expentionlism...
What's broken in TESLA, I've faith Mr. Musk will know how to fix it....!!!
I invested in a EV car…
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I invested in a EV car company. Elon doesn't care about selling cars. He's using Tesla as his personal piggy bank to try to develop other things that interest him. A CEO's first responsibility is to his shareholders. He's failed us. Where are the Semi-trucks? Where is the Roadster? Where are the new models?? I invested in 2012. I already sold 90 percent of my holdings. The rest have an average share purchase price of $9.15 which is why I still own them. Tesla's a buy at $10 a share.
Full Self Driving? Robotaxi?…
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Full Self Driving? Robotaxi? Optimus Humaniod Robot? Yada Yada Yada. All promises and no delivery. I have owned a Tesla since 2015. I have driven 2025 models with the latest FSD. Still sucks. Not good enough to be autonomous, no where close. We were promised Semi Trucks and a new Roadster? Where are they? All promises no deliver. That's Elon.
I own two Teslas and I'm a…
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I own two Teslas and I'm a stock holder. Elon has lost his way and, for Teslas survival, it's time for him to go. Elon owes all of us a fiduciary duty to do what's best for stockholders and the company. He has repeatedly acted against that duty. He owes us all a weekly email stating what he's done for Tesla lately. The answer is nothing
I sold all my 1770 shares of…
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I sold all my 1770 shares of TSLA earlier but then I felt very lost so I bought again of 2000 shares at $240 last Friday. I am 82 years old and Tesla would my last stock. All my 3 daughters bought Model X and they love it. I shall past all my Tesla share down to my children and never sell.
The author has his head up…
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The author has his head up his own butt. By which I mean that he is so wrapped up in his own specialized area of expertise that he is incapable of seeing beyond its limits — I.e. numbers, money, finance. He never once mentions any of the rapidly accumulating reasons that account for the precipitous fall of Tesla. That’s ok. He is a fiddle player on the deck of the Titanic. I doubt his drowning will make headlines.
A visionary leader is not…
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A visionary leader is not necessarily an operations leader. He gave his vision to Tesla and disrupted the traditional automotive industry, but now he should step aside and let operations leaders nurture the future of this business. It is a classic Icarus Paradox; the asset has become the liability.
Elon is who made TSLA. I say…
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Elon is who made TSLA. I say let him figure out the best way to turn the negatives that were started by his political inclinations. Those trying to Cancel him, I say, we all want redemption. Give the man a chance to adjust. Clearly the current path he is on is not good for him and more importantly those loyal to him. He has similarities to Steve Jobs. And guess what, we love the products Apple make. Elon stick to product development, perhaps stay away from the lies. Falsehoods will end up in destructions. It ain't pretty.
Musk is the best thing to…
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Musk is the best thing to happen to the American auto industry since Henry Ford. The cars and his leadership arent the problem. The problem is a bunch of psychotic liberals with purple hair, face piercings, no jobs, and sensitive feelings are very upset that he is shaking down the government. DOGE is removing corruption and wasteful spending to save us money, yet somehow there are people getting angry. These have to be the least educated people on the planet.
That's like saying you still…
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That's like saying you still support an innovative and ground breaking surgeon who invented a very important procedure that has saved lives, but that surgeon is now a raging drunk.
Elon leave the circus and…
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Elon leave the circus and come back to work. You are too good to just be one of the clowns
Elon Musk is by far the…
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Elon Musk is by far the largest private owner of companies that receive government contracts for defense who has now entangled himself (all too willingly I might add) in politics to further advance his personal goals.
His self created "Doge" is a shining beacon and example of the most brazen levels of hypocrisy ever seen by the world let alone the citizens of this country.
Calling out "fraud and abuse" when you yourself are benefiting from this "supposed fraud and abuse" while simultaneously cutting benefits for the most vulnerable members of our society who some depend on to put food on the table to include recipients of social security often cast as an "entitlement programs" (rightfully so because every single working American has contributed into this their entire working lives and are entitled to receive a return on this mandated investment) and children who suffer from cancer or other terminal diseases while depending on programs that help them not only survive or live and possibly overcome and go on to live life with dignity and even contribute to these entitlement programs themselves in their uncertain future is a testament to the programs well established success that Americans have come to rely on.
How is "corporate welfare" any better than "entitlement programs" when corporate welfare only benefits very few at the cost of millions who depend on social programs and services?
The hypocrisy is dystopian especially when you consider the accumulated wealth of those who claim to be cutting fraud waste and abuse. It's down right comical not to mention blatantly hypocritical.
If fraud ,waste and abuse was such a priority why not look into defense contracts or military spending whose budgets have failed audits every single fiscal year since their creation?
And yes this would include Elon Musk's companies and their defense contracts.
But of course, we all know that's never going to happen don't we?...
Therein lies the fundamental and most basic acknowledgments of blatant hypocrisy.
I have invested in Tesla…
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I have invested in Tesla over many years all the way upto 2024 as a growth company, and now my investments are back to just breakeven. My disappointment is CEO of a company should help the brand and not get involved in divisive politics which immediately alienates majority of potential buyers - MAGA do not have money or inclination to buy Tesla - the coastal elites do along with some wealthy Europeans, etc. Musk has damaged the brand and made himself too caustic to be the face of Tesla. He should not drag on like Biden and crash Tesla and himself, and let a mature business like Tesla be run by professionals just as Bezos did. Musk should protect Tesla, and show the leadership to put Tesla ahead of himself.
I am on my second Tesla and…
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I am on my second Tesla and would not buy a third with Elon Musk at the helm. Interestingly the investor is highlighting products and services that aren't currently in existence in a finished iteration. Tesla's core product is still it's cars and the question is who is going to buy them, because Tesla needs to replace the buyers that Musk has alienated.
Tesla will come back in two…
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Tesla will come back in two years, because no EV even come close to a Tesla. Starting Tesla in India and moving part of production will hurt the image. He will have the same result of GM,Ford and Coca-Cola of India.
I bought an S model nearly…
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I bought an S model nearly seven years ago when Musk was still struggling. Seven years later, things have changed Musk moved to other fields, it is time he sells his stocks and let others to manage Tesla. Musk cannot help Tesla any more.
Elon is doing a crit
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Elon is doing a crit
Elon Musk must not resign…
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Elon Musk must not resign but continue to to lead Tesla. Soon he will finish DOGE work and give 100% of his to TELSA.
"Teslanomics" sounds like…
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"Teslanomics" sounds like one of Musk's sock puppet accounts. Of course he's a huge fan of himself.
I am a bit of a petrolhead,…
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I am a bit of a petrolhead, and I drive a Tesla - somewhat of a contradiction, I know. In my view, the overwhelming issue is that Tesla do not have any significant new models in the pipeline. They are resting on their laurels, which, in this competitive market, is a recipe for disaster. The Chinese auto industry is upping its game at the speed of light, both in terms of tech and quality, and Musk needs to wake up, and fast. He needs an entry level model (the Model 2?) to get new customers into the brand.
If Elon steps down as CEO…
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If Elon steps down as CEO Tesla stock will crash vehicles will stop being made. So the problem is when sales slowed is that Elon was ready with Teslas while the States were not States weren’t equipped to handle all EVs Don’t step down Elon you are a Brilliant man. The only one capable of doing great things. Ty
You know you're desperate…
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You know you're desperate when you have to have a deluded stockholder advocate for you while sales are tanking and the big mouth at the top is only doubling down on being incompetent. Sad times for what was once a great brand.
I am certain Teslanomics…
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I am certain Teslanomics comments are designed to prevent regular investors from bailing on Tesla by selling their shares. It won't work as in the long run this stock is grossly over valued and heading back to reality. Add their damaged brand in the mix and now is the time to get out, hence the desperation move by Teslanomics.
Elon has the Trump stench on…
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Elon has the Trump stench on him. As Mike Lindell, Rudy Giuliani and others have discovered, it doesn’t wash off.
Pagination