As Trump Musk Feud Reignites, Tesla Investor Ross Gerber Questions The 'Absurd' Attack On President

Tesla Inc. (TSLA) investor Ross Gerber on Tuesday criticized the EV giant’s board of directors for not speaking out against the company's CEO, Elon Musk, over his latest comments on President Donald Trump’s tax bill.

Tesla shares sank as much as 6% in Tuesday’s opening trade. Stocktwits data shows the retail sentiment around the stock is in the ‘bullish’ territory over the past week.

Gerber, co-founder and CEO of Gerber Kawasaki Wealth and Investment Management, seemed to back President Trump’s response to Musk, where he threatened to have the Department of Government Efficiency (DOGE) investigate the subsidies received by Tesla and other Musk-led companies, including SpaceX.

“Sadly true and it seems Elon is destined to find out who is more powerful. Not a peep from the Tesla BOD of this absurd attack on the President he enabled,” he said in a post on social media platform X.

This comes after the President threatened to push the DOGE hounds to look into subsidies granted to Tesla and other Musk-led companies.

“Without subsidies, Elon would probably have to close up shop and head back home to South Africa,” President Trump said in a post on Truth Social. “No more Rocket launches, Satellites, or Electric Car Production, and our Country would save a FORTUNE.”

The President also went on to add that without the U.S. government subsidies, Musk would have to shut down his companies and go back to South Africa.

Meanwhile, the Tesla CEO has continued to criticize Trump’s tax bill, focusing on the deficit. He has held back from going after the President so far, despite Trump’s personal attacks against the Tesla CEO and his companies.

However, in one of the posts on his social media platform, Musk took aim at former White House chief strategist Steve Bannon, saying he “is going back to prison. This time for a long time.” This was in response to a post saying Bannon wants to nationalize SpaceX.

While Musk backed down from his previous attacks against President Trump, it remains to be seen who takes a step back this time.

Tesla’s stock has plunged more than 25% year-to-date, but it is up nearly 44% over the past 12 months.

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