Prime Highlights:
- Wall Street analyst Dan Ives advises Elon Musk to resign from government positions and focus on Tesla’s leadership.
- Tesla shares have fallen more than 36% in 2025, prompting calls for Musk to focus on the company’s business.
Key Facts:
- Wedbush Securities’ Dan Ives cites that Musk must resign from the Department of Government Efficiency (DOGE) and focus solely on Tesla.
- Investor Ross Gerber seconded this opinion by indicating that diffuse attention on the part of Musk has hurt Tesla’s reputation and performance.
- Tesla stock closed April 17 at about $241, a substantial decline since the start of the year.
Key Background :
Heightened involvement on the part of Elon Musk in politics, including his assumption of the chairmanship of Trump administration Department of Government Efficiency (DOGE) has unsettled investors and observers. Dan Ives, a well-known Wedbush Securities analyst, openly called on Musk to step down from his government responsibilities and devote himself to Tesla leadership. Ives named Tesla, together with Nvidia, as one of the world’s most innovative technology companies but emphasized that Musk’s full-time dedication is vital for the company’s long-term success.
Investor Ross Gerber also blamed Musk’s split focus, stating that Tesla’s image has been tarnished by the CEO’ssplitting of focus towards other pursuits. Gerber requested that Musk go back to Tesla full-time or bring in a new CEO to drive the business forward.
Tesla’s revenues reflect these problems, as its stock declined throughout 2025. The company’s stock closed at approximately $241 on April 17th, losing more than 36% since January.
The event highlights the need for shrewd leadership in steering the matters of the fast-changing electric vehicle sector. While competition gets fiercer and investor interest wanes, the stakeholders urge Musk to focus more on Tesla’s strategic plans and operational effectiveness.
