Dan Ives, an analyst with Wedbush Securities, wrote that Musk's continued push into politics was "exactly the opposite direction" investors wanted to see.

Tesla CEO Elon Musk slammed Wedbush Global Head of Technology Research Dan Ives on twitter telling him to "shut up" after Ives suggested the board limit Musk's political activity. The tweet comes during a turbulent week that saw shares in the electric vehicle-maker plunge after the billionaire businessman announced he's forming a new political party.

Dan Ives, an analyst and longtime fan of Tesla, was scolded by Elon Musk on Tuesday after posting three steps he said the company’s board should take.