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 Inc (NASDAQ:TSLA) analyst Dan Ives isn't being quiet when it comes to CEO Elon Musk's political drama, even though Musk directly told him to "shut up."

The stock drop comes amid Musk's announcement of a new political party, which William Blair and other analysts say risks diverting attention during a crucial autonomous and roboti