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Fox Business
151 days

Elon Musk reassures Tesla workers with all-hands meeting, admits it 'feels like Armageddon'

1. Musk urges Tesla staff to hold onto their stock amidst turmoil. 2. Tesla's stock declined significantly from a peak of nearly $480. 3. Company recently faced direct attacks on dealerships and vehicles. 4. Musk projects autonomous Teslas will dominate globally in five years. 5. Legal actions announced against those attacking Tesla properties.

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FAQ

Why Bullish?

Despite recent challenges, Musk's optimism about Model Y and Cybertruck sales may indicate future growth. Historical context shows that Musk's endorsements often precede stock rebounds.

How important is it?

The article presents both challenges and optimistic future projections for Tesla, which are crucial for investors looking at TSLA.

Why Long Term?

Musk’s vision of widespread autonomy suggests significant long-term opportunities. Historically, transformative announcements — like advancements in technology — have led to sustained stock growth.

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