Dan Ives: This Is the ‘Beginning of the End’ of How Musk Is Going to Be with the Trump Admin.

EXCERPT:

IVES: "I mean, this is a moment of truth for Musk, because on this call — I think you did a great setup — I mean, this was really investors are massively frustrated. In our opinion, it was a fork in the road. He basically had to say recommit to Tesla and sort of take a huge step back from DOGE. And that was something that he did. And I ultimately believe this is really the beginning of the end of how he‘s going to be with the Trump Administration, because the brand damage, it‘s — we think it‘s 20% in terms of — "

BURNETT: "20%?"

IVES: "Permanent brand damage, potentially, from this.”