Wedbush analyst Dan Ives attributes the recent rally in Tesla (TSLA) shares to billionaire Elon Musk’s all-hands meeting last week that “sent a much-needed positive signal to employees and investors.” TSLA looks poised to extend its gains further now that Musk is back in the driving seat,

Wedbush analyst Dan Ives believes that EV maker Tesla (TSLA) is facing a “crisis” and that CEO Elon Musk needs to refocus on the company in

Tesla CEO Elon Musk held an all-hands meeting last week, which helped reassure both employees and investors, according to Wedbush analyst Dan Ives. Despite being down 30% since the start of the year, Tesla stock rebounded Monday as Musk demonstrated he is “back in charge,” Ives said.

An analyst expects Tesla Q1 deliveries to be down 7% from a year earlier. He said Elon Musk's DOGE antics and brand problems were partly to blame.

Tesla trade-ins have reportedly hit a record high amid a brand crisis linked in part to CEO Elon Musk's involvement in the Trump administration. According to the Washington Post, Teslas made up 0.4% of all vehicles traded at traditional dealerships a year ago.

The billionaire said the president's new car tariffs will impact the cost of parts that are vital to the construction of Tesla vehicles.