Don’t be bothered by stock market craziness, Musk tells Tesla staff

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'As we demonstrate continued excellent performance, the market will recognise that' theSun theSundaily Tesla Musk market economy ElonMusk

: 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% this year on jitters over softening demand for electric vehicles and his distraction with running Twitter.

“BTW, don’t be too bothered by stock market craziness. As we demonstrate continued excellent performance, the market will recognise that,” he said. Shares of Tesla snapped a seven-session losing streak on Wednesday, in their rare rise this month on the way to what will be the electric-vehicle maker's worst year on record.

 

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