According to a report by CNBC, Tesla CEO Elon Musk recently encouraged employees not to sell their stock. During an all-hands meeting with the company’s staff, Musk told employees, “Hang onto your stock,” while sharing an optimistic outlook on the company’s future.
Musk explained his vision for autonomous vehicles: “It’s very difficult like for people in the stock market, especially those that look in the rearview mirror — which is most people — to imagine a future where suddenly a 10 million vehicle fleet has five to ten times the usefulness. It’s so profound, and there’s no comparison with anything in the past that it does not compute. But it will compute in the future.”
Reports indicate that Musk spent a significant portion of the meeting highlighting Tesla’s innovative technologies and their potential. He asked, “What’s the most exciting future that you could possibly imagine?” and emphasized that the company’s robotaxis, AI, and robots currently in development would usher in a new era in which people could have anything they desired.
Musk also touched on the upcoming Tesla Model Y Juniper, predicting that this electric SUV would once again reclaim its position as the best-selling car in the world this year. Despite ongoing trade uncertainties and a recent dip in new car sales, Musk pointed to the success of both the Model Y and the Cybertruck, fueling anticipation for more technological advancements.
Additionally, Musk touted Tesla’s Optimus robot as the most advanced humanoid robot on the planet, revealing that it could be used internally as soon as the second half of next year. The first sales of the robot are expected to be made to Tesla employees. Musk also hinted at potential plans to enter the aerospace industry, mentioning that Tesla is exploring the development of an electric vertical takeoff and landing (eVTOL) aircraft.
