<div id="readability-page-1"><div><div>After being publicly told to &#34;shut up&#34; by Elon Musk, longtime Tesla Inc. TSLA bull Dan Ives said that the tech mogul is entitled to his opinion.What Happened: Ives, a tech analyst at Wedbush Securities and one of Tesla's most vocal supporters, appeared on Bloomberg News.During the conversation, he was asked about Musk's now viral reaction to Ives’ call for Tesla’s board to create 25% voting control for the billionaire, set boundaries to ensure Musk spends a certain amount of time at the EV giant and oversight of his political endeavors. In response, Ives said that following Musk's remark, he was sent hundreds of &#34;shut up, Dan&#34; memes, but &#34;that's cool.&#34;&#34;To me, I just actually view it more as like he has his right to an opinion. I disagree. I’m a huge supporter of him and Tesla, but I’m more focused on it creating dialogue,&#34; Ives said.Earlier, Ives told CNBC that he's not going stop pressing the issue just because Musk doesn't agree. He went on to say that Tesla shareholders' patience is running thin and Musk is still the company's greatest asset.Why It's Important: Earlier this month, after Musk announced his &#34;America Party,&#34; Ives called it the opposite of what investors want.“Musk diving deeper into politics and now trying to take on the Beltway establishment is exactly the opposite direction that most Tesla investors want him to take during this crucial period for Tesla,” he said at the time.Ives has also maintained his bullish stance on Tesla, projecting a $500 price target and a $2 trillion valuation. He previously called Nvidia Corporation NVDA and Tesla the top physical AI plays in the market right now.Tesla currently has an average price target of $309.36, based on the estimates of 28 analysts. The three latest updates — from Mizuho, Guggenheim and Wedbush set an average target of $350, suggesting a potential upside of 18.16%.Price Action: TSLA shares edged up 0.11% in after-hours trading after falling 0.65% during regular market hours, according to Benzinga Pro data.Benzinga's Edge Stock Rankings indicate that TSLA is trending downward in the short term but shows an upward trend over the medium and long term. While its growth score remains strong, its value rating is relatively weaker. More detailed performance data is available here.Photo Courtesy: Frederic Legrand – COMEO on Shutterstock.com<ul> <li>Elon Musk's SpaceX Insider Share Sale Could Push Valuation To $400 Billion—Starlink Is The Rocket Fuel</li> </ul></div></div></div>

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Elon Musk publicly told Dan Ives, a prominent Tesla bull, to 'shut up' after Ives suggested Tesla's board should limit Musk's political involvement. Ives, a tech analyst at Wedbush Securities, acknowledged Musk's right to his opinion and emphasized the need for dialogue. Despite Musk's comments, Ives remains bullish on Tesla, projecting a $500 price target. Tesla shares saw a slight increase in after-hours trading, with analysts suggesting a potential upside based on recent price targets.

- Dan Ives, a tech analyst and Tesla supporter, responded to Elon Musk's viral remark to "shut up" by acknowledging Musk's right to his opinion while maintaining his own stance.  
- Ives emphasized the need for dialogue regarding Tesla's governance and expressed concern over Musk's political involvement, which he believes diverges from investor interests.  
- Despite these tensions, Ives remains bullish on Tesla, projecting a $500 price target and highlighting the company's potential amidst mixed analyst ratings.

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Elon Musk Asked Dan Ives To 'Shut Up' And The Tesla Bull Says 'That's Cool': Here's Why