DNYUZ
  • Home
  • News
    • U.S.
    • World
    • Politics
    • Opinion
    • Business
    • Crime
    • Education
    • Environment
    • Science
  • Entertainment
    • Culture
    • Music
    • Movie
    • Television
    • Theater
    • Gaming
    • Sports
  • Tech
    • Apps
    • Autos
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Arts
    • Fashion
    • Food
    • Health
    • Travel
No Result
View All Result
DNYUZ
No Result
View All Result
Home News

Elon Musk tells Tesla bull Dan Ives to ‘shut up’ after analyst calls for company oversight of the CEO

July 8, 2025
in News
Elon Musk tells Tesla bull Dan Ives to ‘shut up’ after analyst calls for company oversight of the CEO
493
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter
Elon Musk at President Donald Trump's address to a joint session of Congress in the House Chamber of the US Capitol in Washington, DC, on March 4, 2025.
Tesla CEO Elon Musk said he would start a new political party just weeks after he vowed to focus more on his EV company.

SAUL LOEB/AFP via Getty Images

Even the most bullish of Tesla optimists can catch the ire of Elon Musk.

Wedbush Securities analyst Dan Ives, who often gives Tesla an “outperform” rating, said on X and in a note published Tuesday that Tesla’s board of directors needs to create “ground rules” for Musk after the CEO said he would launch a new political party.

The analyst’s suggestion stems from investor concerns that the CEO is once again diverting his attention away from Tesla and toward politics during a time when EV sales have slowed and the company is betting its future on autonomous vehicles and robotics.

Musk said on Saturday that he formed the “America Party” in response to the passing of the GOP’s Big Beautiful Bill, which the CEO said would put the US in “debt slavery.”

Ives said the company’s board should increase Musk’s voting power by up to 25% in his new pay package, establish “guardrails” for how much time Musk spends at Tesla, and provide “oversight on political endeavors.”

One of Ives’ suggestions is to fulfill Musk’s previous demand to increase his ownership stake in the company, which stands at about 13%, as an incentive for him to stay on board at Tesla.

Even so, Musk responded to the analyst on X with a brief comment: “Shut up, Dan.”

Ives appears to have brushed off the response.

“Elon has his opinion and I get it, but we stand by what the right course of action is for the Board,” Ives told Business Insider in a text message.

Ives has been optimistic about Tesla’s growth even as he recognized that the company was “going through a crisis” just several months ago when Tesla’s stock was 53% below its all-time high from mid-December.

At the time, Musk was involved with the White House DOGE office which was created to reduce the size of the federal government and rein in spending.

Concerns about Musk’s commitment to his company reached the top, according to The Wall Street Journal. In April, the Journal reported that Tesla’s board opened a search for a potential replacement CEO. Robyn Denholm, Tesla’s chair, said on X that the report was “absolutely false.”

While Ives wouldn’t go as far as calling for a replacement CEO — he previously said in an April 20 note that “Tesla is Musk and Musk is Tesla” — the analyst said at the time that Musk needed to do two things: make a statement outlining how he’d manage his time between Tesla and the White House, and establish a “roadmap” and timeline for Tesla’s cheaper vehicles.

When Musk said he’d step back from DOGE, Ives called it “music to the ears of Tesla shareholders.”

In Ives’ latest note, the analyst wrote that it was time for the board to “take the bull by the horns.”

Ives maintained Tesla’s “outperform” rating.

Musk did not respond to a request for comment.

The post Elon Musk tells Tesla bull Dan Ives to ‘shut up’ after analyst calls for company oversight of the CEO appeared first on Business Insider.

Share197Tweet123Share
Carhartt WIP FW25 Spotlights Vintage Camo and Jewel-Toned Workwear
News

Carhartt WIP FW25 Spotlights Vintage Camo and Jewel-Toned Workwear

by Hypebeast
July 30, 2025

Summary Carhartt WIP’s FW25 lookbook, shot by Léa Ceheivi, features its classic utilitarian workwear, notably incorporating various camouflage patterns and ...

Read more
News

Why one of the biggest earthquakes ever recorded caused so little damage

July 30, 2025
News

Crews tow dump truck from South Huntsville Target, driver removed safely

July 30, 2025
News

David Geffen’s Divorce Gives New Meaning to an Old Term

July 30, 2025
News

Ethics officials say Georgia PAC tied to Ponzi scheme illegally sought to influence elections

July 30, 2025
It’s blooming – and it stinks: The corpse flower comes alive at The Huntington

It’s blooming – and it stinks: The corpse flower comes alive at The Huntington

July 30, 2025
Candace Parker Sends Brutally Honest Angel Reese Message

Candace Parker Sends Brutally Honest Angel Reese Message

July 30, 2025
From ‘Crossfire’ to ‘CeaseFire’: C-SPAN executive launches program that promotes common ground

From ‘Crossfire’ to ‘CeaseFire’: C-SPAN executive launches program that promotes common ground

July 30, 2025

Copyright © 2025.

No Result
View All Result
  • Home
  • News
    • U.S.
    • World
    • Politics
    • Opinion
    • Business
    • Crime
    • Education
    • Environment
    • Science
  • Entertainment
    • Culture
    • Gaming
    • Music
    • Movie
    • Sports
    • Television
    • Theater
  • Tech
    • Apps
    • Autos
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Arts
    • Fashion
    • Food
    • Health
    • Travel

Copyright © 2025.