Musk, Tesla and Grok
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Tesla to hold annual shareholder meeting
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Tesla CEO Elon Musk is lashing out at Wedbush Securities analyst Dan Ives, telling the technology analyst to "Shut up." On his social media platform X on Tuesday, the billionaire posted "Shut up, Dan,
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Futurism on MSNElon Musk's Bizarre Behavior May Force Tesla Board to Step in, Analyst WarnsElon Musk needs no introduction. But unless you've been keeping up with all the bizarre AI scandals, Tesla disasters, and public crash outs, you may need a refresher. We got you. Following Musk's extremely high-profile feud with oligarch-in-chief,
Dan Ives, an analyst and longtime fan of Tesla, was scolded by Elon Musk on Tuesday after posting three steps he said the company’s board should take.
Mr. Musk’s involvement in politics and his financial support for the president’s campaign were once seen by investors as a benefit to Tesla, fueling a steep rise in company shares after the election last year. That association has now turned into a liability. Tesla shares are down 40 percent from their peak in December.
New York City Comptroller Brad Lander told Fortune the announcement was a “welcome, if belated, recognition that the rule of law applies to everyone—even the world’s richest man and his company.”
Musk’s net worth fell by as much as $15 billion in the days following the announcement of his political party. Market Reaction: Tesla stock dropped nearly 7% on the first trading day after the announcement,