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TSLA
CNBC
151 days

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

1. Tesla shares dropped over 40% amid protests against Musk's leadership. 2. Musk reassured employees during a meeting, urging them to 'hang onto your stock.' 3. Sales have fallen in Europe and the U.S., with increasing trade uncertainties. 4. Musk highlighted the impending launch of autonomous vehicles and robotics. 5. Tesla faces stiff competition in robotaxi and humanoid robotics markets.

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FAQ

Why Bearish?

The drastic drop in share price (over 40%) signifies mounting investor concerns. Similar incidents historically saw Tesla's stock struggle against perceptions of instability or executive mishaps.

How important is it?

The drastic decline in stock value due to protests and competition affects TSLA significantly. Investor sentiment will likely remain negative until sales or PR improve.

Why Short Term?

Immediate market reactions could linger due to negative sentiment and sales declines. However, long-term potential from product launches may shift sentiment later.

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