Tesla, Elon Musk’s automaker, had sustained its growth for 10 years. But in this 2022, its shares on the stock market had a downward trend. They have fallen as much as 70%, an average higher than that of the Nasdaq and that of most global technology companies, according to information from Market 2.0.
Given this scenario, nothing favorable for the company at this time, Elon Musk released a statement to try to reassure his employees. “They shouldn’t be bothered by the madness of the stock market.”
“When interest rates on bank savings accounts, which are guaranteed, begin to approach the performance of the stock market, whose earnings are not guaranteed, people will increasingly move their investments from stocks to the future. effective, this is going to make them fall”, mentioned the current CEO of Twitter a few weeks ago.
Despite the drop in Tesla shares, Elon Musk has continued to sell shares to investors in recent months. According to a report last April, Musk would have sold more than 60% of the shares after the volume of Elon Musk’s participation in Tesla became known.
In the same email that Musk sent to his employees, the mogul also told his staff that Tesla will be the most valuable company in the world in the long term.
Along with communicating with his employees, Elon Musk urged Tesla workers to increase car deliveries later this year. “Do as much as possible in the next few days and volunteer to help deliver if possible. They will make a big difference! ”, He said in the same email. Tesla is estimated to deliver more than 442,000 cars in the remainder of 2022, after offering discounts on its vehicles in both China and the United States.
Although Elon Musk is very optimistic despite the fall in Tesla shares and is moving to improve his numbers, analysts such as those of the firm AJ Bell predict that he will continue to be distracted from his work at Tesla and, consequently, take it into a tailspin while do not appoint a new director for Twitter.
Editorial Team The editorial team of EMPRENDEDOR.com, which for more than 27 years has worked to promote entrepreneurship.