
Musk tells Tesla employees to hold on to their stock amid protests
LA TimesElon Musk’s controversial actions in the federal government have prompted protests at Tesla dealerships, including one in Pasadena. Tesla Chief Executive Elon Musk told employees to hold on to their stock and stay optimistic amid a series of blows to his company’s reputation that have sent shares plunging. Since Musk began his prominent role in the Trump administration in January, Tesla stock has taken a hit as protests against the electric vehicle brand have erupted across the country. In an all-hands meeting broadcast Thursday night on X, Musk’s social media network formerly known as Twitter, the chief executive touted Tesla’s accomplishments and urged employees to “hang on to your stock.” “There are times when there are rocky moments … a little bit of stormy weather,” Musk said at the meeting, which had an in-person audience of several employees clad in Tesla branded T-shirts. “We’re going to do things that no one has even dreamed of.” He has long promised to deliver fully autonomous driving technology and a fleet of driverless robotaxis, but Tesla’s current technology known as Full Self-Driving cannot function without an alert human behind the wheel.
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