Elon Musk tells Tesla employees 'hang onto your stock,' urges vandals to 'stop being psycho'

During Elon Musk's two months in Washington, D.C., Tesla shares have been on a precipitous decline, losing over 40% of their value. Protests and campaigns against Tesla, Musk and his work in the Trump White House have erupted around the world. Criminal acts of vandalism and arson have also targeted some Tesla electric vehicles, showrooms and charging stations in a string of incidents in the U.S. and across Europe. At an all-hands meeting with Tesla employees on Thursday evening, Musk addressed some of those issues, while trying to reassure employees that they were still in good hands, and to "hang onto your stock." The shares rose 4% on Friday. "It's very difficult like for people in the stock market, especially those that look in the rearview mirror — which is most people — to imagine a future where suddenly a 10 million vehicle fleet has five to ten times the usefulness," Musk said, touting his vision for autonomous vehicles that he's long promised. "It's so profound and there's n ... Read full article.