Tesla Inc. investor Ross Gerber backed down from his efforts to get a seat on the electric-vehicle company's board after he got what he wanted.
Tesla Inc. investor Ross Gerber backed down from his efforts to get a seat on the electric-vehicle company’s board after he got what he wanted.
“There was no real reason for me to push into what could be a hostile situation,” Gerber said. “I manage people’s money for a living and I have my own company.” “They said they will try to set that all up for me, there will be time to meet with different division heads and executives,” Gerber told MarketWatch. “There is no conflict between my ideas and what they want.”
Beyond just changing the current narrative, he also sees legitimate problems that need attention, such as Tesla’s service department.
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