“Shut up, Dan” – Elon Musk snaps to Tesla Bull Dan Ives, demanding a board and taking action
“If you want to win a card Tesla Bull is a dictionary term, with a photograph of Dan Ives next to it. The technical analyst at Wedbush Securities never wavers with his beliefs.
In his view, the stock should trade nearly $620. Tesla deserves a market capitalization of $2 trillion. Nor does Ives tires describe Tesla’s single most important asset driving this projected growth over the next 12-18 months is its transformative CEO, Elon Musk.
So when he called on the company’s board to hire him Carrot and stick approach To ensure that entrepreneurs invest limited time in the company Not politicsMask’s response was immediate.
“Shut up, Dan” Entrepreneur I fought back Tuesday dismisses Ive’s concept in favour of a special board oversight committee.
On Monday, Tesla concluded with $293 per share. The mask is the lowest since President Donald Trump and the latter tax cuts and spending bills Early June.
The company did not respond to the request luck For comments.
“You don’t babysit Elon.”
Ives’ public co-collected masks, Tesla CEO was born out of concerns that he is aiming to prioritize activities again over business Form a third party Capitol Hill’s Republican Democrat replica can be confused.
His new efforts are coming at a sensitive period. Tesla has not yet faced investors this year, nor has it set a date or agenda for its shareholder meeting. Given the advanced notifications needed and the ongoing summer holidays, it is It’ll be September again Before the AGM is called up.
The top of the agenda will be a new pay package for CEOs who are running through the White House with a continuous attack on Trump.
shut up,
– Elon Musk (@elonmusk) July 8, 2025
However, Ives plans to establish a special oversight committee and link his political activities to the guardrails. They claim that CEOs like Musk don’t put watches in like workers’ drones.
“Some people want the Tesla committee to microcontrol his time and police his outside activities. This would be a terrible mistake,” wrote Dave Lee, an influencer of Tesla stocks with more than 400,000 followers of Musk. x Platform. “You don’t babysit Elon.”
The turning point has reached
dubbing “Tesla’s biggest cheerleader” by EV motoring site ElecrektrekIves often acts as a conduit between the investment community and the company’s clients.
Wedbush analysts combine harsh words with aggressive reinforcement, rewarding CEOs with enthusiastic praise every time they respond to external pressure.
When the mask returns to Tesla Gather his demoralized army At every emergency meeting before returning to Washington, Ives praised the display.
“Leaders are leading an era of trouble and crisis…and last night, Elon Musk took the major and necessary step,” he writes. “We praise Musk for ‘reading the room’ and showing important handholding for employees and investors at this critical time. ”
But this week, Ives is communicating his client’s complaints about the distractions brought by a potential American party, calling for the board to form a special oversight committee despite the core part of the board’s work providing oversight.
“I believe this is a turning point in the Tesla story,” Ives said Tuesday. “We are now urging the board to act.”