One problem is that Tesla's stock price is almost entirely tied to people's view of Musk.
So getting rid of him means the price would have to reflect fundamentals at the company and they seem to not want that.
Exactly.
I bought some TSLA as a self-admitted band wagon jumping speculative casino gamble, knowing that TSLA was not even close to the actual value of a
single automaker like Honda, Toyota, Mercedes etc...least of all ALL car companies in the world
combined. It was a cult following of a guy who happened to make a cool, exciting new type of car.
I dollar cost averaged my initial gamble into a no-risk anymore play thing. Made out <Larry David voice>
pretty, pretty good... Eventually bailed out my last shares completely last year somewhere over USD$250 as I really couldn't stand the guy and saw him heading down the Jim Balsillie/Blackberry/RIM career path.
I still have a not-insignificant private placement investment in SpaceX as I truly believe that Starlink and reusable rockets have extremely high growth and profitability potential. It is a moonshot investment and I hope it will buy me a nice yacht one day! The only thing that worries me is Elon's stupid oddball obsession with colonizing Mars. What a stupid waste of MY SpaceX money chasing that delusion.