Tesla CEO Elon Musk didn't appear to like Wedbush analyst Dan Ives' suggestion that the company should rein in Musk's time spent on politics.

When the Wedbush tech analyst lobbied Tesla's board to form a special board oversight committee, the CEO's response was as immediate as it was dismissive.

President Trump on Sunday issued a lengthy Truth Social post attacking former ally Elon Musk after the Tesla mogul announced he was launching a third party over opposition to Trump’s “big, beautiful bill.” “I am saddened to watch Elon Musk go completely ‘off the rails,’ essentially becoming a TRAIN WRECK over the past five weeks,”…

Tesla shares sank Monday after CEO Elon Musk announced he would form a new political party in an escalation of his feud with President Donald Trump.

Tesla (TSLA) shares lost about 7% on Monday after billionaire Elon Musk announced plans to launch a new political party – the “America Party.” Musk’s announcement arrives on the heels of his very public feud with President Donald Trump.