Musk tells Tesla workers not to be ‘bothered by stock market craziness’

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 92%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Elon Musk urges Tesla employees to ignore ‘stock market craziness’

Tesla Inc Chief Executive Elon Musk told employees that they should not be “bothered by stock market craziness” after the company’s shares fell nearly 70 per cent this year on jitters over softening demand for electric vehicles and Musk’s distraction with running Twitter.

“Please go all out for the next few days and volunteer to help deliver if at all possible. It will make a real difference!” he said in the email. Tesla’s plummeting share price hurt the value of shares owned by the EV maker’s employees. Tesla has offered stock compensation for most employees including factory workers.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Digging me a hole ....digging me a hole gonna put a nrd in it...😏😏

Musk sold $22 billion of stock in late 2021 when it was trading in the $380 range He even asked his 62.5 million followers in early Nov 2021 if he should sell some shares. They said yes, so he did. So far, he hasn't purchased any this year. He sold more two weeks ago

Or in the immortal words of L Frank Baum “Pay no attention to the man behind the curtain….”

Limey pasty right wing conman

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines