During an all-hands meeting, Tesla CEO Elon Musk advised employees not to sell their shares in the company, urging them to focus on building great products. He invoked Warren Buffett's investment philosophy, likening daily stock price fluctuations to someone yelling prices for one's house every day.
Musk's message aimed to rally employee confidence amid a challenging period for Tesla, which has seen its stock price decline and faced criticism regarding its brand and leadership. He emphasized that the company's value is derived from its products.
This internal communication is a strategic effort to re-center the company's focus on innovation and product development, potentially countering external distractions and reinforcing a long-term vision for growth.
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