Close Menu
Truth Republican
  • Home
  • News
  • Politics
  • Business
  • Guns & Gear
  • Healthy Tips
  • Prepping & Survival
  • Videos
Facebook X (Twitter) Instagram
Truth Republican
  • Home
  • News
  • Politics
  • Business
  • Guns & Gear
  • Healthy Tips
  • Prepping & Survival
  • Videos
Newsletter
Truth Republican
You are at:Home»Business»Elon Musk tells Tesla analyst to ‘shut up’ over suggestions to limit his political activities
Business

Elon Musk tells Tesla analyst to ‘shut up’ over suggestions to limit his political activities

Buddy DoyleBy Buddy DoyleJuly 10, 2025No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp
Elon Musk tells Tesla analyst to ‘shut up’ over suggestions to limit his political activities
Share
Facebook Twitter LinkedIn Pinterest Email

Tesla CEO Elon Musk hit back at an analyst’s suggestion that the company’s board of directors needs to take steps to keep his focus on Tesla rather than the new political party he’s creating.

Musk announced his intent to create an America Party over the weekend, which sent Tesla stock plunging. That prompted Wedbush Securities managing director and senior equity research analyst Dan Ives to write an investor note saying the move is a “tipping point” and should prompt the board to act to ensure Musk’s political activism doesn’t conflict with his duties as CEO.

Ives summarized the note in a post on X in which he expressed Wedbush’s view that the Tesla board should update Musk’s pay package to give him 25% voting control and clear a path for a merger with xAI; establish guardrails for the amount of time Musk spends at Tesla as part of the pay package; and have oversight over his political endeavors.

“Shut up, Dan,” Musk replied on X that was posted Wednesday morning.

TESLA BOARD NEEDS ‘GROUND RULES’ FOR MUSK’S POLITICAL ACTIVISM, ANALYST SAYS

Tesla is down over 1.1% on Wednesday following the post and has declined more than 5.6% in the past five days – having dropped from $312.70 at the close of last week’s trading to a weekly low of $291.35 early Monday morning before it pared some of those losses. 

Tesla’s stock is down over 22% year to date due to slow EV sales as well as political blowback over Musk’s support for President Donald Trump.

Musk’s role within the Trump administration came to an end in late May, when his temporary status as a special government employee expired. 

TESLA SHARES SLIDE AFTER MUSK ANNOUNCES NEW POLITICAL MOVE

His actions as the leader of the Department of Government Efficiency (DOGE) spurred protests at Tesla dealerships and consumer boycotts among those angered by DOGE’s cuts to the federal workforce. 

Ticker Security Last Change Change %
TSLA TESLA INC. 295.88 -1.93 -0.65%

Following his departure from the administration, Musk was a vocal critic of the so-called One Big Beautiful Bill Act – a signature tax cut and spending package backed by Trump and Republicans in Congress – over its impact on federal budget deficits, vowing to fund primary challenges against key supporters of the bill.

TRUMP CALLS ELON MUSK ‘WONDERFUL GUY,’ DESPITE RENEWED CRITICISM OF ‘BIG, BEAUTIFUL BILL’

Tesla CEO Elon Musk in the Oval Office

That led to a public feud between Musk and Trump, though the two toned down their rhetoric and sought to move past the spat before the billionaire Tesla CEO announced the creation of his political party.

In Ives’ full investor note, he warned that Musk’s antagonism of Trump and GOP lawmakers is “exactly the opposite of what Tesla shareholders want to see with a very important autonomous regulatory framework now on the horizon during the Trump administration.”

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleRed state will require new teachers pass PragerU ‘America First’ test to keep license
Next Article TOP 10 BEST RED DOT SIGHTS 2020

Related Articles

Medicaid will undergo significant changes due to the ‘big, beautiful, bill’

Medicaid will undergo significant changes due to the ‘big, beautiful, bill’

July 10, 2025
Latest ‘Mission: Impossible’ scored .6M for IMAX after Tom Cruise negotiated extended run

Latest ‘Mission: Impossible’ scored $75.6M for IMAX after Tom Cruise negotiated extended run

July 10, 2025
A tale of two Floridas: Real estate industry torn over DeSantis’ push to eliminate property taxes

A tale of two Floridas: Real estate industry torn over DeSantis’ push to eliminate property taxes

July 10, 2025
Linda Yaccarino steps down as CEO of Musk’s social media platform X

Linda Yaccarino steps down as CEO of Musk’s social media platform X

July 10, 2025
Copper prices hit record high after Trump announces 50% import tariff

Copper prices hit record high after Trump announces 50% import tariff

July 10, 2025
Trump admin resuming interest charges for nearly 8M student loan borrowers after Biden’s limbo

Trump admin resuming interest charges for nearly 8M student loan borrowers after Biden’s limbo

July 10, 2025
Popular Ritz snack pulled from shelves nationwide over dangerous peanut allergy mislabeling

Popular Ritz snack pulled from shelves nationwide over dangerous peanut allergy mislabeling

July 10, 2025
Retirement gold rush: 32,000 Illinoisans rake in 0K+ in pensions while state runs huge deficit

Retirement gold rush: 32,000 Illinoisans rake in $100K+ in pensions while state runs huge deficit

July 10, 2025
Google leader slams ‘antisemitic’ UN after controversial Gaza report

Google leader slams ‘antisemitic’ UN after controversial Gaza report

July 10, 2025
Don't Miss
TOP 10 BEST HUNTING KNIVES ON AMAZON

TOP 10 BEST HUNTING KNIVES ON AMAZON

Next Plandemic? Drug-Resistant BAT-HUMAN HYBRID FLU Engineered by NIH-funded Researchers

Next Plandemic? Drug-Resistant BAT-HUMAN HYBRID FLU Engineered by NIH-funded Researchers

Medicaid will undergo significant changes due to the ‘big, beautiful, bill’

Medicaid will undergo significant changes due to the ‘big, beautiful, bill’

Massachusetts bill would force ICE agents to unmask

Massachusetts bill would force ICE agents to unmask

Latest News
Gun Groups Warn: Trump’s Carry Bill Could Be A Legal Disaster

Gun Groups Warn: Trump’s Carry Bill Could Be A Legal Disaster

July 10, 2025
TOP 10 AMAZING SURVIVAL GEAR & GADGETS YOU MUST HAVE

TOP 10 AMAZING SURVIVAL GEAR & GADGETS YOU MUST HAVE

July 10, 2025
Latest ‘Mission: Impossible’ scored .6M for IMAX after Tom Cruise negotiated extended run

Latest ‘Mission: Impossible’ scored $75.6M for IMAX after Tom Cruise negotiated extended run

July 10, 2025
Ukrainian US ambassador, seen with head in hands during Oval Office meeting, is departing DC

Ukrainian US ambassador, seen with head in hands during Oval Office meeting, is departing DC

July 10, 2025
New book reveals what Obama and ‘conqueror’ Trump chatted about in viral moment during Carter’s funeral

New book reveals what Obama and ‘conqueror’ Trump chatted about in viral moment during Carter’s funeral

July 10, 2025
Copyright © 2025. Truth Republican. All rights reserved.
  • Privacy Policy
  • Terms of use
  • Contact

Type above and press Enter to search. Press Esc to cancel.