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Analyst Urges Musk to Focus on Tesla Amid Crisis
4/21/2025
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Musk Urged to Prioritize Tesla
- Analyst Dan Ives advises Elon Musk to prioritize Tesla over his role at the Department of Government Efficiency (DOGE) due to urgent concerns.
- Tesla's stock has plummeted 43% since January, with Musk's political actions contributing to brand damage.
- The company's market share in California decreased from 55.5% to 43.9% in Q1 2025, despite a 35% rise in overall EV registrations.
- Nationwide protests against Tesla have intensified, featuring both peaceful demonstrations and violent incidents at showrooms.
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