Tesla: Elon Musk asks his employees not to worry about the current “stock market madness”











Photo credit © Tesla


(Boursier.com) — You’re here seems to want to confirm its rebound from Wednesday in pre-session with a title which advances by more than 4%. The action, which ended a seven-session bearish streak yesterday, lost nearly 70% in 2022, logically recording the worst financial year in the manufacturer’s stock market history. Elon Musk, the group’s chief executive, told his employees not to worry about the current “stock market madness”, believing that Tesla would be the most valuable company in the world in the long term.

“As we demonstrate continued excellent performance, the market will recognize that,” the executive said in an email obtained by Reuters. In the same memo, the billionaire asked his employees to work twice as hard: “please do everything for the next few days and volunteer to help deliver if possible. This will make a real difference”. Statements that come as the manufacturer could miss its delivery target in the fourth quarter due in particular to the surge in coronavirus contaminations in China.


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