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Tesla's most bullish analyst says 2 things need to change

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Dan Ives, a Wedbush analyst who has been bullish on Tesla, called the automaker's latest woes a "crisis" that only one person can fix: Elon Musk.
The article from MSN Money discusses insights from Dan Ives, a prominent analyst from Wedbush Securities known for his bullish stance on Tesla. Ives highlights two critical areas where Tesla needs to make changes to maintain its growth trajectory. Firstly, he emphasizes the need for Tesla to ramp up production significantly, especially in light of increasing competition in the electric vehicle market. Secondly, Ives points out the importance of Tesla addressing the concerns of Elon Musk's distractions with other ventures like X Corp (formerly Twitter), which could potentially divert focus from Tesla's core business. He suggests that Tesla should focus on its core competencies and ensure that Musk's attention remains on Tesla's strategic goals. Despite these concerns, Ives remains optimistic about Tesla's future, maintaining a price target that suggests significant upside potential for the stock.

Read the Full Insider Article at:
[ https://www.msn.com/en-us/money/markets/teslas-most-bullish-analyst-says-2-things-need-to-change/ar-AA1Bi1E8 ]