Tesla CEO Elon Musk's plan for a new political party prompted an analyst to recommend Tesla's board board create new "ground rules" to keep Musk focused on Tesla's future.

One analyst called on Tesla's board of directors to act and set "ground rules" for Musk's political involvements.

Launching new cars no longer seems to amuse the world's richest man. For the good of the company he built, it’s time for him to hand over the keys and step aside as CEO.