Dan Ives, an analyst with Wedbush Securities, wrote that Musk's continued push into politics was "exactly the opposite direction" investors wanted to see.

Tesla CEO Elon Musk slammed Wedbush Global Head of Technology Research Dan Ives on twitter telling him to "shut up" after Ives suggested the board limit Musk's political activity. The tweet comes during a turbulent week that saw shares in the electric vehicle-maker plunge after the billionaire businessman announced he's forming a new political party.

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!

Wedbush analyst Dan Ives maintains a positive outlook on Tesla, citing strong Q2 2025 deliveries that exceeded expectations. Ives reiterated a $500 pr