Wedbush analyst Dan Ives wrote that the EV maker’s directors need to set ground rules for the CEO regarding his political activities.

Dan Ives, an analyst with Wedbush, wrote that Musk's continued push into politics is "exactly the opposite direction" investors want to see.

The astonishing public bonfire of the friendship between Donald Trump and Elon Musk has reportedly cost the tech entrepreneur £14.7 billion ($20 billion) and his investors have lost five times as much