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The Wall Street Publication > Blog > Economy > Elon Musk reassures Tesla employees with all-hands assembly, admits it ‘looks like Armageddon’
Economy

Elon Musk reassures Tesla employees with all-hands assembly, admits it ‘looks like Armageddon’

Editorial Board Published March 21, 2025
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Elon Musk reassures Tesla employees with all-hands assembly, admits it ‘looks like Armageddon’
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“I can’t walk past the TV without seeing a Tesla on fire. You’re like – what is going on?” Musk stated. 

“Some people it’s like, listen I understand if you don’t want to buy our product but you don’t have to burn it down that’s a bit unreasonable you know. This is psycho,” he continued, drawing laughs from the viewers. “Stop being psycho, OK?” 

TESLA RECALLS MOST CYBERTRUCKS DUE TO TRIM PANEL RISK 

Elon Musk reassures Tesla employees with all-hands assembly, admits it ‘looks like Armageddon’

Elon Musk leaves following a luncheon with members of the Senate Republican Convention on Capitol Hill in Washington, D.C., on March 5.  (Reuters/Kent Nishimura / Reuters)

Tesla’s inventory worth has plummeted in latest months as Musk’s presence has grow to be extra frequent in Washington D.C., main the Division of Authorities Effectivity (DOGE) for the Trump administration. 

As of early Friday, Tesla shares have been round $236 in pre-market buying and selling, down from a peak of practically $480 in mid-December. 

Ticker Safety Final Change Change % TSLA TESLA INC. 236.26 +0.40
+0.17%

Musk recommended throughout the assembly that staff ought to keep affected person. 

“Autonomous Teslas will be everywhere. In five years probably we will have regulatory approval, I think globally, so you will have autonomous Teslas on every continent taking people on trips and almost the entire fleet – which will pass 10 million vehicles next year – is capable of full autonomy,” he stated. 

MUSK SAYS DOGE CUTS NECESSARY OR ‘SHIP OF AMERICA WILL SINK’ 

Donald Trump and Elon Musk

President Donald Trump and Tesla CEO Elon Musk communicate to the press as they stand subsequent to a Tesla automobile on the South Portico of the White Home on March 11 in Washington, D.C.  (Mandel Ngan/AFP through Getty Photos / Getty Photos)

“It’s very difficult for people in the stock market — especially those that look in the rear-view mirror, which is most people — to imagine a future where suddenly a 10 million-vehicle fleet has five to 10 times the usefulness,” Musk continued. “But it will compute in the future… so what I’m saying is hang onto your stock.” 

The assembly occurred Thursday after the Justice Division introduced that three folks have been charged in federal circumstances involving assaults on Tesla properties within the U.S. 

10 PLACES WHERE TESLA VEHICLES, DEALERSHIPS WERE ATTACKED THIS YEAR

People protest against Elon Musk in California

Individuals take part in a “Tesla Takedown” protest towards Elon Musk exterior a Tesla dealership in Pasadena, Calif., on March 8. (Frederic J. Brown/AFP through Getty Photos / Getty Photos)

CLICK HERE TO READ MORE ON FOX BUSINESS        

“People that get caught sabotaging Teslas will stand a very good chance of going to jail for up to twenty years, and that includes the funders,” President Donald Trump wrote on Reality Social. “WE ARE LOOKING FOR YOU!!!” 

TAGGED:admitsallhandsArmageddonElonfeelsmeetingMuskreassuresTeslaworkers
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