Dan Ives, known for using sports analogies, is expressing concern as if he is in a high-stress situation, suggesting that Tesla shareholders are experiencing a similar feeling. The tech analyst from Wedbush believes that Elon Musk, as the CEO of Tesla, needs to redirect his focus back to the company following a challenging period for Tesla's stock.

Ives stressed the urgency of two key actions that must be taken promptly to reverse the negative trend for Tesla and enhance its stock performance, which has declined significantly in recent months. He emphasized that Musk must make a formal announcement clarifying how he will divide his time between leading the White House Department of Government Efficiency task force and overseeing Tesla to dispel the perception that his attention is mostly on the former.

Additionally, Ives emphasized the importance of Musk outlining a clear plan for the production of lower-priced electric vehicles, which Tesla has been promising and is scheduled for release in 2025. He also called for more details on the Full Self-Driving Robotaxi rollout in Austin, Texas, highlighting the significance of autonomous driving technology in the stock's outlook.

Ives underlined that hearing directly from Musk, possibly during the next earnings call, is crucial to address ongoing concerns such as the recent recall of Cybertruck due to safety issues, as this could help to mitigate brand damage and restore investor confidence in Tesla.