Tesla has a massive Elon Musk problem
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Dan Ives, a longtime Tesla bull, brushed off Elon Musk's viral "shut up" remark, saying he just wants it to spark healthy dialogue about the CEO's focus and remains committed to pressing for greater board oversight.
Dan Ives, an analyst with Wedbush Securities, wrote that Musk's continued push into politics was "exactly the opposite direction" investors wanted to see.
Wedbush's Dan Ives is known for being bullish on Tesla's (TSLA) stock. But in a post on X, Ives suggested three steps the EV maker's board should take to help rein in CEO Elon Musk, who recently announced plans to launch a new "America Party.
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Benzinga on MSNTesla's Annual Shareholder Meeting Set For November 6th, Dan Ives Says Elon Musk's $56 Billion Pay Package 'Will Be The Focus'Tesla has announced November 6 as the date for the company's annual shareholder meeting amid mounting pressure from investors who are concerned about Elon Musk's political ambitions and mounting tensions with President Donald Trump.
Tesla CEO Elon Musk has been a harsh critic of President Donald Trump's spending bill. Trump said Musk had "gone off the rails."