Dan Ives Says Elon Musk Is Dragging Tesla Down. Is It Time to Sell?

Tesla (NASDAQ: TSLA) stock is on the move again, and for the wrong reasons. The automaker's stock fell 7% on Monday after Wedbush analyst Dan Ives issued a grim report in response to CEO Elon Musk's plans to start a new political party.Regardless of whether you support Musk's plans or not -- or if you cheered or booed when he was working as President Donald Trump's right-hand man to shrink the size of the federal government with the Department of Government Efficiency (DOGE) -- investors should be deeply concerned about Tesla's recent struggles. The stock price is down, deliveries are faltering, and the one-time darling of the electric vehicle movement is battling some significant headwinds.If you're a Tesla stock owner, is this the time to sell? Or do you have faith that Musk can rally, and Tesla stock is just a bargain for long-term investors?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool