Elon Musk lashes out at Dan Ives over Tesla board proposals: ‘Shut up’

SpaceX and Tesla CEO Elon Musk participates in the Viva Technology Conference at the Porte de Versailles Exhibition Center in Paris on June 16, 2023.
Gonzalo Fuentes | Reuters
Tesla CEO Elon Musk, Wedbush Securities to Dan Ives “Shut your mouth” On Tuesday, an Analyst X presented three suggestions to the board of the electric vehicle company.
IVS became one of the most bull Tesla observers in Wall Street. With a price target of $ 500 over the stock, it has the highest projection of any analyst followed by Factset.
However, on Tuesday, Ives went to X with critical statements about Musk’s political activity after saying that the American Party called the American Party to challenge the Republican candidates who voted for the expenditure bill supported by President Donald Trump on Tuesday, Tuesday, on Tuesday.
IVS’s task followed a slide of about 7% in Tesla’s stock on Monday, which gave a market value of $ 68 billion. IVS called Tesla’s board of directors to create a new payment package that would take 25% of the vote control for Musk, and to clean a road that will unite with Xai, create “railings” to create a time for how much time Musk had to spend in Tesla, and to provide “surveillance on political efforts”.
“Tesla should create and create basic rules for the Tesla Board Musk, Pink Opera should be finished,” IVSs published a longer note with other analysts from its company. Analysts said that Musk’s launch of a new political party has created a “overturning point in the Tesla story” and that the company’s board of directors requires restraining action in CEO.
Nevertheless, Wedbush maintained the price target and the advice of buying stocks.
“Close your jaw,” Musk wrote, although the first proposal will give CEO to Tesla for a long time.
“Elon has an idea and I understand, but told CNBC,” Elon has an idea, but what the right way for the board of directors was. “
Musk’s payment package of 2018 2018 CEO, which is worth 56 billion dollars and has gained value since then empty Last year by Delaware Chancery Court. Judge Kathaleen McCormick decided that Tesla’s board members deprives of independence from Musk and could not negotiate properly with CEO in arm length.
Tesla objected to the Delaware Supreme Court of State and is trying to determine what the next payment package should require.
Ives is not the only Tesla Bull who criticizes Musk’s ongoing political activity.
Analysts in William Blair put the stock on Monday due to the negative effects of Tesla’s margins and home sales on Tesla’s margins and home sales, as well as Musk’s political plans and discourse.
“We expect the investors to get tired of distraction at a point where the investors see that the business attracts the attention of Musk the most attention and only returning to politics.” He continued: “We prefer to direct this effort to Robotaxi presentation at this critical point.”
Hedge Fund Azoria Partners CEO Trump supporter James Fishback said on Saturday that the company’s stock market, which will invest in the shares and options of the company’s home company, has postponed the list of Azoria Tesla Convexity ETF. It started Send it to x “Elon went too far.”
“I encourage Elon to clarify his political ambitions and see if they are compatible with his full -time obligations to Tesla.”
Musk said on Saturday that he founded the American Party, which he claimed to have claimed to “give back your freedom.” He did not share the official details, including where the party could be recorded, how much funds it would provide and which candidates will return.
Tesla’s shares fell approximately 25% this year, and the worst performance of US indices and technology between Megacaps performed badly.
Musk spent most of the first half of the year working with the Trump administration and pioneered the effort to reduce the federal government to a great extent. At the end of May, his official work and official work came before a public spit between Musk and Trump and other issues.
Robyn Denholm, Chairman of Tesla’s Board of Directors and Travis Axelrod Musk, the Representative for Investor Relations, did not respond immediately to comments requests.
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