Elon Musk tells Tesla bull Dan Ives to 'shut up'
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The predictable unwinding of Elon Musk ’s romance with Donald Trump is obviously bad news for Tesla. Not only has Trump recently scrapped electrical vehicle subsidies, but Musk is now making a show of flirting with his own political party, trying to make Trump jealous. So much for focussing on Tesla!
Dan Ives, an analyst with Wedbush Securities, wrote that Musk's continued push into politics was "exactly the opposite direction" investors wanted to see.
Investors at Tesla have implored the electric vehicle manufacturer’s board to rein in their wayward CEO after his latest stunt saw the company’s stock tank. “The board can’t just sit here and watch this go by without saying something and putting guardrails in,