That’s Tesla bull Dan Ives from Wedbush reacting to this morning’s first quarter production and delivery report, in which the company clocked a 13 percent decrease in sales year over year. Ives, who strongly believes in Elon Musk’s vision of AI, robotics, and self-driving cars, is nonetheless adamant that the billionaire CEO needs to take the proverbial bull by the horns. He writes:
The time has come for Musk....it’s a fork in the road moment. The more political he gets with DOGE the more the brand suffers, there is no debate. This quarter was an example of the damage Musk is causing Tesla. This continues to be a moment of truth for Musk to navigate this brand tornado crisis moment and get onto the other side of this dark chapter for Tesla with much better days ahead.
[wedbush.bluematrix.com]
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