Musk “chose Tesla (tsla)” at a crucial moment, according to a well -known analyst

Elon Musk, CEO of Tesla (TSLA), has reached “the beginning of the end” of his mandate at the White House, he recently told Bloomberg, Wedbush’s securities analyst.

The Musk movement comes in “such an important time” for the car maker, said Ives.

Musk’s huge decision

The CEO of Tesla “had to choose (because) the clock struck midnight,” said Ives. The CEO chose Tesla about Doge, and did so “at such an important time for” tsla “, the analyst stated.

Ives said that the technology firm is currently developing autonomous robotax, a relatively affordable electric vehicle and robots.

“Tesla needs to return her leader,” said Ives, who added that the firm’s recent earnings call will be “historically considered as the most important conference Musk has ever had.”

The recent tsla shared pricing action

Last month, Tsla shares have increased by 6%, while sunk 29% in the last three months.

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