Elon Musk tells Tesla bull Dan Ives to 'shut up'
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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!
Tesla analyst Dan Ives lays out 3 ways the company's Board of Directors could oversee Musk's political push and help protect shareholders.
Tesla CEO Elon Musk has been a harsh critic of President Donald Trump's spending bill. Trump said Musk had "gone off the rails."