Elon Musk rides to Tesla's defense
Musk last night urged employees to 'hang onto your stock.' Wall Street sees it differently.
Elon Musk took a break from his duties as White House job-cutter-in-chief to assure his own employees that their future is far brighter than the company's stock slump indicates.
In an all-hands broadcast on his X social media platform, which itself is valued at billions less than the $44 billion he paid for it, Musk urged Tesla employees to "hang onto your stock" as he returned to the futuristic themes he's been touting for years: energy storage, robotics and sell-driving technologies.
