Musk predicts ‘bright’ future despite Tesla bearing brunt of backlash against his role in Trump’s administrationUS politics live – latest updatesElon Musk attempted to reassure Tesla employees of the automaker’s “bright and exciting” future at a company all-hands meeting on Thursday, urging them not to sell their stock even as the company’s valuation slides precipitously downward.“There are times when there are rocky moments,” the billionaire CEO told his employees. “But what I’m here to tell you is that the future is incredibly bright and exciting, and we’re going to do things that no one has even dreamed of.” Continue reading...
Amid a steep stock selloff, Elon Musk urged Tesla employees to retain their shares, assuring them of a "bright" future for the company. Tesla faces backlash linked to Musk's role in Donald Trump's administration, including vehicle vandalism, plummeting stock prices, and the removal of Tesla from the Vancouver International Auto Show due to security concerns. Tesla also issued a recall for the Cybertruck. Analysts describe the situation as a "brand tornado crisis" for Tesla. Musk's efforts to boost stock prices include promoting Tesla vehicles with Trump and reiterating claims of future autonomous driving capabilities.
