Tesla Faces a Crisis as Analyst Urges Musk to Balance Roles

Tesla Faces a Crisis as Analyst Urges Musk to Balance Roles
Tesla's future hangs in the balance as Dan Ives, a prominent Wall Street analyst, warns Elon Musk of a 'moment of truth' for the EV company. Ives criticized Musk for devoting excessive time to the Department of Government Efficiency since Trump's return to office, claiming it has turned Tesla into a political symbol. With Tesla's stock plummeting to around $230, Ives called for Musk to clarify his roadmap for new models and the robotaxi service. He urged Musk and Tesla’s board to address the growing protests and brand damage before it becomes irreversible.