Tesla mega-bull Dan Ives warns ‘the clock struck midnight’ for Elon Musk as he begs CEO to step back from DOGE
- The patience of investors in Tesla ran outDan Evz, supporter of Tesla for a long time. Musk pushed the Trump administration’s continuous role to sabotage or reinstall them, and at the same time led investors to believe that the CEO distracts his attention and is not committed to improving the brand of EV.
One of Tesla’s largest champions in his call to Elon Musk doubled, he called the CEO to return to the head of the EV maker.
Dan Evez, the manager of Wedbush Securities and Tesla Mega-Bull long ago, continued his warnings to Musk from last week, saying in the Wednesday note that the limited damage experienced by Tesla that has lived so far has now escalated to “A Tornado Crisis Moment for Musk and Tesla.”
“The hour hit midnight,” I told Evis luck. “Invested frustration, and the more it becomes a political symbol, the more worse for the brand and the arrow.”
The vortex of the so -called speed earlier this month was picked up when Tesla recorded the worst day sales, and lost $ 127 billion in the market value. Besides facing intense competition from China, where EV makers outperform more cars at reasonable prices, faster charging, and the most impressive automatic driving, Tesla was also beaten due to the criticism of MUSK’s strong participation in president Donald Trump’s administration. The role of Musk in the government, at best, sparked the isolation of potential customers, and in the worst case, it sparked strong protests, with some clotting cars and setting charging stations.
In a display of solidarity with Musk, Trump promised to buy Tesla and hold an event that includes cars in the White House park. Evs called this “Great Political Theater”, but also a double -edged sword. He said in his note to investors: “The current brand/demand problem is not solved by Musk and Tesla,” and in some ways makes it more than one political thunderbolt issue to Tasla. “
After Musk Fox News told his plans to work with the Trump administration for another year, although he admitted that he runs an area of companies – from Tesla to X – “with great difficulty”, Evis Tesla gave some rare “cruel love”. The CEO called for a return to the head of his company, fearing that the brand’s setback would be free.
She did not respond to Tesla luckRequest to comment.
Avoid “permanent brand damage”
Since Ivees’s initial call, Tesla’s fortunes have not been reflected, prompting the analyst to continue seeing Musk to change the company’s path. In the past five days, Tesla continued to decline about 4.5 %.
The Tesla problems, followed by support from the Trump administration, continued again this week: The EV maker agreed to remember all 46,100 electronic inflorescences on fears that the glue would become fragile and may cause stainless steel plates in the car. Trade Minister Howard Lootnick came to Musk, and urged the Americans in a Fox News interview to attract Tesla Stock, as “this will not be cheap again.”
While investor Ross Jerber has long urged Musk to climb or move away and find the various “appropriate CEO” to operate the company, IVES has stopped calling for the goalkeeper to change in Tesla. Instead, Evis believes that the Tesla brand cannot be determined by Musk. Musk suggested that Douge to resume his leadership role in Tesla seriously. The CEO will need to prove that he can produce low -cost vehicles and present them to self -driving technology in the self -industry.
“If he does, the heat of Musk Onder Doge will begin to waste between most critics and this will leave Titla, but not permanent damage to the brand.”
IVES has maintained the tesla “Outphorm” classification, as the shares of the auto maker to double its value over the next 12 months to $ 550, but said that the future of the company depends on the shoulders of musk alone.
Evis said: “Let’s call it as it is: Tesla is going through a crisis and there is one person who can fix it.” “Musk.”
This story was originally shown on Fortune.com
2025-03-20 17:45:00
