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Elon Musk Says To ‘Hang On’ To Sliding Tesla Stock In ‘Needed’ All-Hands Meeting

  • Elon Musk encouraged Tesla employees to remain optimistic and hold onto their stocks during a challenging time, acknowledging the company's difficulties.
  • Tesla's shares have dropped 34% this year amid increased vandalism at dealerships and a decline in consumer sentiment.
  • The National Highway Traffic Safety Administration issued a recall for over 46,000 Cybertrucks due to safety concerns, impacting Tesla's reputation and sales.
  • Analysts suggest that Musk's political role has created challenges for Tesla, but the all-hands meeting was a positive step towards reassuring investors.
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businessinsider.jp broke the news in on Wednesday, March 19, 2025.
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