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LeadershipElon Musk

This Silicon Valley Investor Is Spending $1 Million to Get Elon Musk to ‘Dump Trump’

By
Ryan Ho Kilpatrick
Ryan Ho Kilpatrick
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By
Ryan Ho Kilpatrick
Ryan Ho Kilpatrick
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April 24, 2017, 5:17 AM ET
2017 Vanity Fair Oscar Party Hosted By Graydon Carter
BEVERLY HILLS, CA - FEBRUARY 26: SpaceX CEO Elon Musk arrives at the 2017 Vanity Fair Oscar Party Hosted By Graydon Carter at Wallis Annenberg Center for the Performing Arts on February 26, 2017 in Beverly Hills, California. (Photo by Axelle/Bauer-Griffin/FilmMagic)Axelle/Bauer-Griffin/FilmMagic/Getty Images

Silicon Valley startup investor Doug Derwin took out full-page ads in the Sunday editions of The New York Times and the Washington Post urging Tesla (TSLA) CEO Elon Musk to “dump Trump.”

The ads, which also appeared in the San Francisco Chronicle and the San Jose Mercury News, cost Derwin $400,000 and feature an open letter to the Space X entrepreneur, CNN reports.

“You’ve said climate change is one of the most important issues facing mankind,” the letter begins, “Donald trump is a disaster for the fight against climate change.”

Derwin launched a $1 million campaign aimed at pressuring Musk to sever his ties to Trump, after he agreed to serve on the President’s economic advisory council.

On his website, called Elon Dump Trump, Derwin writes: “Elon Musk has become one of Trump’s most prominent supporters, despite the fact that Trump’s policies directly contradict Musk’s core values, core values shared by Tesla customers and employees.”

For more about Elon Musk, watch Fortune’s video:

In a statement to CNN, Tesla said that the company’s “reason for existing is to accelerate the advent of sustainable energy” and that “if someone wants to spend money to promote a pro-environment objective, we can think of better ways to do that than attacking the people who are most committed to that very purpose.”

Musk has defended his position on the advisory council, saying in February “Advisory councils simply provide advice and attending does not mean that I agree with actions by the Administration.”

About the Author
By Ryan Ho Kilpatrick
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