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

  • 📰 asiaonecom
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 59%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

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. In an email sent to staff on Wednesday (Dec 28) and reviewed by Reuters, Musk said he...

Tesla Inc CEO Elon Musk walks next to a screen showing an image of Tesla Model 3 car during an opening ceremony for Tesla China-made Model Y program in Shanghai, China on Jan 7, 2020.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.

He also urged employees to ramp up deliveries at the end of this quarter, after the automaker offered discounts on its vehicles in the United States and China. Analysts expect Tesla to deliver 442,452 vehicles in the fourth quarter, according to Refinitiv data.

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:

 /  🏆 10. in ZA
 

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

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Musk tells Tesla workers not to be 'bothered by 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 tanked nearly 70 per cent this year over jitters on softening demand for electric cars and Musk's distraction with Twitter.In an email sent to staff on Wednesday and r Why should they… unless they have shares as part of their salary package… then I’d be worried. It's a concerted effort to take down Elon Musk financially simply because of what he did on Twitter. Twitter files are the trigger point.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »