Elon Musk tried to reassure them workers her Tesla Through what he described as “a little stormy time”, as the shares of the automotive industry fell more than 50% in just three months.
“If you read the news, it looks like Armageddon,” Musk told a meeting of all the employees who broadcast late Thursday (20.3.2025) in X. The CEO jokes that he could not pass on a television without watching a Tesla. “I understand if you don’t want to buy our product, but you don’t have to burn it. This is a bit absurd, “he said.
Then Musk began his well -known message that Tesla will soon be capable of driving autonomously. “What I am saying is to keep your shares,” Musk said, pausing for applause during an event at Austin.
Tesla’s share is in free fall. Its sales fall around the world. Even the most fanatical supporters of Wall Street become cautious. But a team buys shares from the manufacturer of electric vehicles like never before, and are fans of CEO Elon Musk.
But their current level of excitement is strikingly high, even based on recent historical standards. Private investors were Tesla’s net shares for 13 consecutive meetings until yesterday, channeling $ 8 billion to the share, according to retail data from Emma Wu, a strategic adviser to JPMorgan Chase for global shares. This is the largest influx of any purchasing series since 2015, which is as far as the data is behind.
What makes the market remarkable is that the price of Tesla’s share has been plunged by 17% in this time, eliminating more than $ 155 billion from its market value.
“Tesla made some investors who were beginners to mid -stages in the public market extremely rich, many people became millionaires because of this share,” said Nicholas Colas, co -founder of Datatrek Research. “People don’t forget that. And they will come back to a stock again and again, if they feel they have been hit. ”
Tesla’s shares have fallen sharply by mid -December, when they touched the highest level of all time, fueled by the optimism caused by Donald Trump’s electoral victory. But this euphoria disappeared, with the stock receding more than 50% of the record of December 17, making it the second largest drop in the S&P 500 index this year. The fall was so violent and so yesterday Musk tried to reassure Tesla workers during a meeting of all workers, telling them to “keep their shares”.
His growing political presence and his involvement in disputes in Europe have sparked reactions against the company and its leader, with cars being increasingly considered political symbols. Demonstrators have thrown Molotov cocktails in Tesla showrooms and vandalized charging stations.
The impact is shown in the financial figures of the company. Tesla cars sales have been immersed in basic European markets, such as France and Germany, as well as in China and Australia.