In the aftermath of Tesla falling sharply in Monday’s stock market action, with the EV giant leading the downside among S&P 500 stocks, a longtime Tesla stock bull called on Tuesday for the Tesla board of directors to “act now” as CEO Elon Musk appears to be continuing to focus on politics. Wedbush Securities analyst Dan Ives outlined on Tuesday “three steps” the Tesla board should take as Musk looks to increase his involvement U.S. politics following the Tesla head’s weekend announcement that he is forming the “America Party” to challenge President Donald Trump and the two-party system.
