Dan Ives, a longtime Tesla bull, brushed off Elon Musk's viral "shut up" remark, saying he just wants it to spark healthy dialogue about the CEO's focus and remains committed to pressing for greater board oversight.

"Shut up, Dan," Elon Musk responded after Wedbush Securities' Dan Ives called for Tesla's ( NASDAQ: TSLA) board of directors to set ground rules for its CEO's political endeavors.

Tesla CEO Elon Musk has been a harsh critic of President Donald Trump's spending bill. Trump said Musk had "gone off the rails."

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