Wedbush's Dan Ives is known for being bullish on Tesla's (TSLA) stock. But in a post on X, Ives suggested three steps the EV maker's board should take to help rein in CEO Elon Musk, who recently announced plans to launch a new "America Party.

Tesla analyst Dan Ives lays out 3 ways the company's Board of Directors could oversee Musk's political push and help protect shareholders.

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