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00:02Tesla CEO Elon Musk lashed out at Wedbush's Dan Ives after the analyst posted three board
00:07recommendations for the company on X, according to CNBC. Ives called for a new pay package giving
00:12Musk 25% voting control, formal time commitments to Tesla, and restrictions on political activity.
00:18Ives stood by his recommendations despite the jabs. The analyst is a Tesla bull and maintains
00:22a $500 price target on the stock. His post followed Tesla's nearly 7% stock drop Monday,
00:28raising $68 billion in market value. Clash comes as Musk launches a new political group,
00:34the America Party, continues to draw criticism from Tesla bulls. William Blair downgraded the
00:39stock Monday, setting investor fatigue with Musk's distractions. Tesla shares are down 25%
00:44year-to-date, the worst among mega cap tech stocks. For all things money, visit Benzinga.com.
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