Musk reacted negatively to analyst Dan Ives' recommendations for Tesla, specifically regarding oversight of his political activities. Ives suggested that Tesla needs a new compensation package and an xAI merger for stability. Ives' analysis indicated that Musk's increased political engagement contradicts investor desires during a pivotal time for Tesla. Despite unwavering support from certain Musk fans, a significant portion of Tesla investors is growing weary of his political pursuits, coinciding with a decline in Tesla's stock following Musk's announcement of his 'America Party.'
Very simply Musk diving deeper into politics and now trying to take on the Beltway establishment is exactly the opposite direction that Tesla investors/shareholders want him to take during this crucial period for the Tesla story.
While the core Musk supporters will back Musk at every turn no matter what, there is broader sense of exhaustion from many Tesla investors that Musk keeps heading down the political track.
Collection
[
|
...
]