Dan Ives, managing director of Wedbush Securities and a prominent Tesla bull, says he is sticking to his optimistic outlook on Tesla despite Elon Musk's escalating feud with President Trump. "The quickly deteriorating friendship and now 'major beef' between Musk and Trump is jaw dropping,

Tesla CEO Elon Musk and President Donald Trump appear to be in the kind of chaotic relationship that social media lives to warn you about. First the two seemed to be enjoying a business alliance-turned-bromance when Musk was invited to become a special government employee in January and spearhead the Department of Government Efficiency (DOGE).

Mr. Musk may also lose sway over federal regulators who could make or break his plans to deploy driverless taxis, which he has described as the future of the company. Tesla is already suffering steep declines in sales and profit.