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## Elon Musk Calls On Tesla Staff To Stay Resilient As Stock Rises!
### Important Points:
* Tesla shares saw a considerable increase on Friday, although they are still set for their ninth week in a row of drops.
* CEO Elon Musk urged staff to keep their shares during a company-wide gathering Thursday night.
* Musk thinks that Wall Street finds it difficult to understand Tesla’s growth capacity, specifically in technological progress.
Tesla’s shares (TSLA) rose significantly Friday afternoon after Elon Musk told his staff to stay strong.
The share value recently rose by about 5%, but is still going toward its ninth consecutive week of decrease. Tesla has had a difficult couple of months since reaching a record high last December. The business has lost about half its worth amid worries about decreasing sales, new taxes, and reaction against Musk’s political actions.
During a company-wide conference on Thursday, Musk suggested staff keep their stock. He claimed that Wall Street struggles to completely understand Tesla’s growth capacity, particularly regarding self-driving technology and the company’s Optimus humanoid robot project. Musk has previously mentioned that Optimus might eventually turn into a bigger source of income for Tesla than its vehicles.
Musk stated that Tesla’s stock varies, but the business stays the same. These variations are just reflections of people’s views of the future.
Wedbush experts view this event as a crucial step forward. They had earlier urged Musk to reassure investors following the recent stock decrease. They praised Musk for understanding the situation and providing vital support to staff and investors during a critical period.
Wedbush experts are among the most hopeful about Tesla, with a target value of $550 per share, considerably greater than the average target value of $355 compiled by Visible Alpha.
On Thursday, Morgan Stanley’s experts decreased Tesla’s goal stock value from $430 to $410. Nevertheless, they continue to regard Tesla as their leading selection. They highlighted the firm’s substantial capability in robotics and AI, positioning it as a remarkably varied investment. They informed patrons that the decrease in Tesla’s shipments didn’t notably alter its course.
