Musk Pressured as Tesla’s Brand and Sales Collapse

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Tesla shareholders are demanding CEO Elon Musk work at least 40 hours per week as the company faces what they're calling a "crisis."

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Major investors controlling 7.9 million Tesla shares sent an urgent letter to board chair Robyn Denholm with four specific demands.

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Tesla's stock has plunged 12% this year while the Nasdaq only dropped 1% - a red flag that prompted shareholders to take action.

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The company's reputation has crashed from 8th to 95th place in America's most admired brands ranking. How did Tesla fall so far?

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European sales dropped a shocking 50% in April compared to last year, while global EV sales declined in the first quarter.

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Shareholders blame Musk's divided attention between Tesla and his other ventures, including his recent role in Trump's Department of Government Efficiency.

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"Tesla deserves a CEO whose time and attention align with the scale of the responsibilities," the investors stated in their letter.

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Beyond the 40-hour work week, shareholders demand a formal succession plan in case Musk becomes "unavailable or loses interest" in Tesla.

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They also want limits on directors' external commitments - no more than one additional board position and one executive role elsewhere.

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The fourth demand? At least one "truly independent" board member with no personal ties to existing directors.

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Musk just ended his 128-day stint at DOGE and promised to "focus more" on his businesses - but shareholders remain skeptical.

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A prominent Tesla analyst called Musk's DOGE exit "music to the ears of Tesla shareholders" - but will Musk really refocus on the EV maker?

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