Tesla Sets Date for Shareholders Meeting
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Elon Musk tells Tesla bull Dan Ives to 'shut up'
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2don MSN
Wedbush Securities analyst Dan Ives thinks the Tesla (NASDAQ:TSLA) board of directors needs to act quickly to set the ground rules for CEO Elon Musk going forward around his political ambitions and actions.
A group of state treasurers and investors is complaining that the company, facing falling sales, is about to miss a legal deadline to hold a shareholder forum.
While still ostensibly running Tesla, Musk is now running amok. Fresh from his sabbatical overseeing, and then being “retired” from, Trump’s Department of Government Efficiency, Musk has executed an Olympic level triple-twist to engineer a new mission – the establishment of a new political party, the America Party.
Tesla shares fell nearly 8% on Monday after CEO Elon Musk's plans to launch a new U.S. political party reignited concerns about his commitment to the company's future as it struggles with declining sales.