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Tesla employees react as stock of Elon Musk's company continues to slide

Published on: Mar 19, 2025 01:02 PM IST

This is important because historically, stock gains have played a large role in Tesla's compensation towards its employees.

Tesla shares are falling due to fears of slowing sales, increasing competition, and a CEO, who is busy spending a lot of his time in Washington, DC. However, the electric vehicle (EV) giant's employees hold completely different views.

Donald Trump and Elon Musk speak to reporters as they sit in the red Model S Tesla vehicle on the South Lawn of the White House.(AP)

The plummeting stock is "only concerning if you're a short-term investor," a Business Insider report quoted one Tesla worker in the company's sales department as having said. "It feels like we are in a storm right now, but I am personally very confident in the company."

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And this employee is not alone. Ten different employees across different roles and locations, surveyed in the report expressed the exact same sentiment and out of them, nine still hold Tesla stock.

HT.com cannot independently verify the information contained in the report.

This is important because historically, stock gains have played a large role in Tesla's compensation towards its employees, with some workers seeing it as one of the company's most attractive features.

However, the report quoted a manager as saying that “it's an old story” since “Elon has always been in this controversial space, but if the product is good enough people are going to buy it anyway.”

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A Nevada-based worker also said that the company's internal atmosphere was far from "depressing" or “alarming,” in an informal company forum where some employees discuss the stock performance, according to the report.

 
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