Dan Ives: More Price Cuts Would Be A “Black Eye” For Tesla (TSLA)

If Musk ultimately went down the path to create his own company for his next generation A.I. projects it would hurt Tesla (TSLA), notes Wedbush’s Dan Ives. He discusses Elon Musk’s Tesla ownership comments. Ives highlights that Musk having a discussion about this issue over X is far from ideal and creates a distraction and likely some selling pressure. He then goes over how another round of price cuts would be a "black eye" for Tesla. Tune in to find out more about the stock market today.