Wall Street analysts and investors cited growing fatigue with Musk’s increasingly controversial political activities as a key factor behind the sell-off.

"What the independent space has been lacking has been resources," Jolly said.

Musk responded to Ives: "Shut up."

Before we assess the eternally unrealized dream of a potent third party in American politics, let’s consider the specific, recently emergent dream of one specific man: Elon Musk.

Elon Musk is lashing out at Wedbush Securities analyst Dan Ives, telling the technology analyst to "Shut up."