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Benzinga
Benzinga
Business
Namrata Sen

Tesla Stock Slump Tied To Trump-Musk 'Junior High School Friendship' Gone Sour, Says Dan Ives — But Predicts It Will 'Settle Down'

Donald Trump Dan Ives Elon Musk Tesla Inc.
Donald,Trump,And,Elon,Musk,Silhouettes,In,Front,Of,Usa

Wedbush analyst Dan Ives predicts a weak performance for Tesla Inc. (NASDAQ:TSLA) amidst a fallout between CEO Elon Musk and President Donald Trump.

What Happened: On Tuesday, Ives posted on X his prediction about Tesla’s performance, attributing it to the strained relationship between Musk and Trump. He described the situation as a “junior high school friendship gone bad.” However, he added that it would eventually stabilize.

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