Elon Musk Says To ‘Hang On’ To Sliding Tesla Stock In ‘Needed’ All-Hands Meeting
- Elon Musk told Tesla employees to 'hang on to their TSLA stocks' during an all-hands meeting as the stock dropped over 40% this year, despite board members selling shares.
- Tesla's all-hands meeting was streamed publicly for the first time, where Musk recapped milestones and made predictions about the company's future.
- Recent sales of Tesla stocks by board members and executives have raised concerns about insider confidence in the stock.
- Musk's statement to employees comes amid expectations of Tesla's worst quarter in three years and declining stock performance.
102 Articles
102 Articles
Musk, the bad business of mixing politics with companies
Elon Musk’s controversial involvement in politics is taking its toll, and not only on his reputation, but also on Tesla, the jewel of his empire. The actions of the electric car manufacturer have lost more than 50 percent of its value in just three months, and the consequences of his political activism seem to be far from over. Last week, Musk asked his employees not to sell Tesla shares, while the company’s value continues to plummet. During a …
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