Elon Musk reassured Tesla Inc. employees during a challenging time for the company’s shares. Musk addressed the situation during an all-hands meeting broadcast on X. He humorously referenced negative news coverage and vandalism incidents involving Tesla vehicles. Despite the challenges, Musk emphasized Tesla’s future potential, particularly in autonomous driving capabilities. He urged employees to hold onto their stock.
Following Musk’s meeting, Tesla shares saw a slight increase in trading. The company has faced backlash from protesters and experienced slower sales and shipments in the first quarter of the year. Despite these challenges, Musk remains optimistic about Tesla’s future, citing upcoming product launches and innovation.
In response to the recent turmoil, Musk spoke candidly to employees, emphasizing a bright future ahead. Analyst Dan Ives praised Musk’s leadership during this difficult period. While the meeting marked a departure from Musk’s usual communication style, it allowed employees to engage directly with the CEO.
During the meeting, Musk also discussed the possibility of venturing into other industries, such as aviation. He entertained the idea of developing an electric supersonic jet in the future. This story was originally featured on a news website.
