Elon Musk addressed Tesla Inc. employees, reassuring them during a challenging period when the company's shares dropped significantly. At an all-hands meeting broadcasted on X, Musk acknowledged the negative news coverage and criticism faced by Tesla, urging employees to stay positive. He downplayed the pessimism, making light of the exaggerated concerns and expressed confidence in the future of Tesla's self-driving capabilities.

Despite the recent stock market decline, Musk encouraged employees to hold onto their stock, emphasizing the company's long-term prospects during the late-night event. Tesla's shares saw a slight increase in trading following Musk's words. The company has been facing backlash, partly due to Musk's involvement with the Trump administration, leading to acts of vandalism against Tesla's properties.

Musk highlighted that while Tesla faces production challenges and slower sales in the first quarter, the company continues to innovate and improve its offerings, including plans to introduce more affordable car models. He also underscored the success of the Model Y as the best-selling car globally. The backlash against Musk prompted President Trump to show support for Tesla by featuring the company's vehicles at the White House, and Commerce Secretary Lutnick's statement advocating for buying Tesla stock stirred controversy.