News > As Tesla shares tumble, Musk asks staff to not pay attention to stock market craziness
As Tesla shares tumble, Musk asks staff to not pay attention to stock market craziness
29/12/2022 08:02 PM | Click to read full article
Tesla's stock has hit its lowest value in over two years as the electric car maker plans to reduce its production cycle and investors worry about how much time CEO Elon Musk is dedicating to managing Twitter. Tesla's stock was trading at $108.71, the lowest price since August 2020. In an email to Tesla staff, Musk told them not to be "bothered by stock market craziness" and that Tesla will be the "most valuable company on Earth" in the long term.
