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Photo file: Elon Musk, Chief Executive Director of SpaceX and Tesla, present at the Viva Technology Conference on innovation and startup at the Porte de Versails Exhibition Center in Paris, France, June 16, 2023.
Gonzalo Fuentes | Reuters
Tesla CEO Elon Musk told Dan Ivives Wedbush Securities “Silence” On Tuesday, after the analyst proposed three recommendations to the Electric Capital Council in a report on X.
Aves was one of the most bullish observers Tesla on Wall Rate. Having a $ 500 target price, it has the largest projection of any analytics tracked FACSET.
But on Tuesday, Jus took X with critical remarks about Musk’s political activity after the richest world – Note Last weekend it creates a new party called America President Donald Trump.
Jews’s message followed Almost 7% slide In Tesla’s stock on Monday, which destroyed the market cap of $ 68 billion. Ives urged the Tesla Council to create a new package for musk, which will receive 25% of voting control and clear the way to merge with XAI, set the “fences” how long it should spend in Tesla and provide “supervision for political efforts”.
Ives has published a longer, not with other analysts of its firm in the title: “The Tesla Council must act and create basic rules for Musk; the soap opera must end.” Analysts have stated that the launch of a new political party Musk created a “turning point in the history of Tesla”, which requires the campaign council to strengthen the CEO.
However, the Wedbush has retained the target price and a recommendation for buying stocks.
“Silence, Dan,” Musk wrote in response to X, although the first proposal submitted to the CEO of the voting control, which he has long been looking for in Tesla.
In the e -mail, CNBC Jus wrote: “Elon has an opinion, and I understand, but we stand on the right course of action for the council.”
The Historical Package of the CEO in 2018, which cost about $ 56 billion and has since grown at the price canceled Last year in the court Delaware Office. Judge Catelid McCormic said that Tesla’s board member lacks Independence from Musk and failed to negotiate properly with the CEO.
Tesla has appealed against the case in the Supreme Court of Delaware and tries to determine what the next Moscow salary package will be drawn.
Jus is not the only Tesla -Byk who criticizes Moscow’s constant political activity.
William Blair analysts downgraded shares to the equivalent of the purchase on Monday, from the political plans and the rhetoric of Moscow, as well as the negative consequences that the cost bill, adopted by the Tesla and Sales Congress.
“We expect investors tired of distraction at the moment when the business most requires Musk and sees only a retreat from his back to politics,” analysts write. “We would like these efforts to be aimed at the robotic at this critical stage.”
Trump supporter James Fishback, CEO Hedge Fund Azoria Partners, said last weekend that his firm postponed Azoria Tesla ETF, which invested in stocks and EV options, is a list of exchange. He started his Message on x Saying, “Elon has gone too far.”
“I urge the council to meet immediately and ask Elon to clarify his political ambitions and evaluate whether they are compatible with his full-time commitments with Tesla as CEO,” Fishback wrote.
Musk said on Saturday that he formed a party of America, which he said, will return the Americans to “return your freedom.” He did not share the official details, including where the party can be registered, how much financing it will provide it and what candidates it will return.
This year, TESLA shares have fallen by about 25%, which is poorly inadequate in the US and is certainly the worst rates among Megacaps Tech.
Musk spent most of the first half of the year, working with the Trump administration and gave efforts to reduce the federal government. His official work with the administration ended in late May and his exit preceded Public fruit Between Musk and Trump at the expense of expenses and other issues.
Musk, Chairman of the Tesla Board Robin Denholm and a representative of Trevis Axelrod’s investors did not immediately respond to comment requests.
See: The party supported by Musk will be condemned by its unfavorable