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## Musk Urges Tesla Staff to Stay Resilient as Equity Value Increases Currently
### Important Points
* The electric car manufacturer’s equity value noticed a considerable increase on Friday, although it is still down for the ninth week in a row.
* Tesla CEO Elon Musk recommended that staff retain their equities during a company meeting Thursday evening.
* Musk mentioned at the gathering that Wall Street finds it difficult to understand the true worth of Tesla’s growth opportunity because of its technical developments.
Tesla’s equity (TSLA) saw a significant rise Friday afternoon after Elon Musk told his staff to “stay strong.”
Equities increased by over 5% during Friday’s trading, but the equity is still on pace for its ninth consecutive week of declines. Tesla has encountered a challenging couple of months, losing approximately half of its worth since its December high. The business is dealing with worries about decreasing sales, new taxes, and negative reaction related to Musk’s political actions.
During a business-wide gathering on Thursday, Musk urged staff to retain their equities. He thinks Wall Street is having trouble completely valuing the growth opportunity connected to developments in self-driving technology and the business’s Optimus humanoid robot project. Musk has previously implied that Optimus could eventually turn into a larger revenue source for Tesla than its vehicles.
Musk recognized that Tesla’s equity experiences highs and lows, but emphasized that the underlying business remains the same. He framed the changes as simply reflections of people’s changing views of the future.
Wedbush experts view this event as a crucial and much-needed step forward, especially after calling on Musk to reassure shareholders amidst the recent equity decrease. They stated, “We praise Musk for recognizing the situation and demonstrating important support during a critical time for both staff and shareholders.”
Wedbush experts are among the most optimistic on Tesla, with a $550 equity target on the equity, considerably greater than the $355 average target compiled by Visible Alpha.
Experts at Morgan Stanley have made small corrections to their view of Tesla, lowering the target stock value from $430 to $410. But, this shouldn’t be viewed as a big change. They have guaranteed to customers that the current fall in Tesla’s shipments does not essentially change the company’s long-term opportunities. Amazon ($AMZN) at a Crossroads: Can Buyers Trigger a Rally to $220?
Notably, Morgan Stanley still considers Tesla as a prime selection. This is mainly because of Tesla’s substantial capacity in sectors other than just electric cars, particularly emphasizing their work and upcoming chances in artificial intelligence and robotics. They think Tesla’s growth into these advanced sectors makes it an appealing investment.
*Update—March 21, 2025: This piece has been revised to show the most recent stock value, compared to when it was initially issued.*
