Tesla(US:TSLA) Jin Shi Shu Ju·2025-07-09 00:29Core Viewpoint - Tesla CEO Elon Musk criticized Wedbush Securities analyst Dan Ives for his comments regarding Musk's political activities and suggestions for the company's board [1][2] Group 1: Analyst Criticism and Recommendations - Dan Ives, a bullish analyst on Tesla, suggested the board should establish a new compensation plan for Musk, set "guardrails" on his time commitment to Tesla, and oversee his political activities [1][3] - Ives' comments came after Musk announced the formation of a new political party, which raised concerns about its impact on Tesla's narrative and operations [1][3] - Ives' report titled "Tesla's Board Must Act to Establish Basic Rules for Musk" emphasized the need for the board to impose constraints on Musk's actions [1] Group 2: Market Reaction and Stock Performance - Following Ives' comments, Tesla's stock price dropped nearly 7%, resulting in a market capitalization loss of $68 billion [1] - Tesla's stock has declined approximately 25% year-to-date, underperforming the broader U.S. market and ranking as one of the worst performers among tech giants [4] Group 3: Broader Analyst Sentiment - Other analysts, such as those from William Blair, downgraded Tesla's rating from buy to hold, citing concerns over Musk's political distractions and their potential negative impact on Tesla's profitability and electric vehicle sales [3] - Hedge fund CEO James Fishback expressed concerns over Musk's political ambitions and their alignment with his responsibilities as Tesla's CEO, urging the board to seek clarification [3] Group 4: Legal and Governance Context - Musk's previous compensation plan, valued at approximately $56 billion, was deemed invalid by a Delaware court due to a lack of independence among board members [2] - Tesla is currently appealing this decision and is in the process of determining the contents of Musk's next compensation plan [2]