One of Elon Musk’s biggest cheerleaders is losing patience in the billionaire entrepreneur and says it’s time for some “tough love.”
On Tuesday, Wedbush tech analyst Dan Ives—one of Tesla’s longest-running and most vociferous bulls—deviated from his typically optimistic analysis and penned an unusually dire note to Tesla investors. While he still maintained his “outperform” rating on the stock, Ives warned that investor patience is “wearing very thin” amid Musk’s adventure in politics and the resulting backlash it has caused to the brand.
