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benzinga.com
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Elon Musk's DOGE Dedication Sparks Tesla 'Brand Deterioration' As EV Maker Drops 20% After Trump Inauguration — Dan Ives Says 'Bark Way Worse Than The Bite' - Tesla (NASDAQ:TSLA)

1. Dan Ives maintains a $550 target for TSLA, remains bullish. 2. Concerns over Musk's focus on DOGE may impact TSLA brand. 3. Investors worry DOGE initiatives could slow TSLA product developments. 4. Tesla stock is resilient, gaining 78.87% over the past year. 5. Musk sleeping in White House shows high DOGE commitment.

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FAQ

Why Bullish?

Ives' target suggests confidence in TSLA despite potential distractions from DOGE.

How important is it?

The article discusses potential influences on TSLA from Musk's commitments, affecting investor sentiment.

Why Short Term?

Market concerns about Musk’s focus could impact performance in the next quarters.

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