Israel’s Mobileye CEO urges that Netanyahu be replaced immediately

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The head of self-driving auto technologies firm Mobileye (MBLY.O) and one of Israel’s leading businessmen, Amnon Shashua, has urged the immediate ouster of Prime Minister Benjamin Netanyahu and his government, Reuters reports.

Shashua, in a high-profile public rebuke from Israel’s private sector, said Netanyahu’s government was guilty of “failures, dissonance and incompetence”.

“We must cut our losses and do it quickly. The only solution to the current situation in Israel is to replace the government, and it needs to happen immediately,” Shashua wrote in an opinion piece in financial daily Calcalist.

The government, Shashua said, which seemed more concerned about its political survival than “the good of the country,” could be replaced without calling a new election, minimizing political turmoil, with the formation of a new coalition within the current parliament.

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