Elon Musk Tells Analyst to ‘Shut Up’ Amid New Political Party Launch and Tesla Focus Concerns

Tesla CEO Elon Musk publicly rebuked Wedbush Securities analyst Dan Ives with a terse ‘Shut up, Dan’ on X, following Ives’s call for increased board oversight of the CEO’s time and political endeavors. The exchange comes just days after Musk announced the formation of a new political entity, the ‘America Party,’ a move that has reignited concerns among investors about his focus on the electric vehicle company.

Ives, a long-time Tesla bull, issued a note and social media comments on Tuesday, urging Tesla’s board of directors to establish ‘ground rules’ for Musk. His advice stems from growing investor anxiety over Musk’s perceived distraction from Tesla’s core business, particularly as EV sales slow and the company stakes its future on autonomous vehicles and robotics.

The analyst’s suggestions include granting Musk his requested 25% voting power in his new pay package, alongside clear ‘guardrails’ on the time he dedicates to Tesla and direct ‘oversight on political endeavors.’ Ives believes these measures are crucial to ensure Musk remains committed to the company during a critical period.

Despite Musk’s sharp retort, Ives appears unfazed, stating he stands by his recommendations for the board. The incident underscores ongoing tensions between Musk’s expansive ambitions and the demands of leading one of the world’s most valuable companies, keeping investor attention firmly on Tesla’s corporate governance.

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