Elon Musk sought reassurance for Tesla employees during an all-hands meeting in Austin, Texas. The billionaire CEO addressed concerns about the company’s stock value, which has plummeted by 40%. In a live streamed speech, Musk downplayed negative news reports, calling them “rocky moments” and urging staff to keep their shares. He acknowledged the media frenzy surrounding Tesla but emphasized that employees don’t have to take drastic action against the company they support.
Source: https://www.bloomberg.com/news/articles/2025-03-21/elon-musk-asks-tesla-employees-to-hang-on-to-stock-despite-40-drop