Elon Musk Told Tesla Workers to ‘Hang On.’ The Stock Is Rising Today. | Global News Avenue

Tesla (TSLA) Stocks soared Friday afternoon, the day after Elon Musk told his staff to “stay.”

The stocks rose more than 5% at Friday’s meeting, down for the ninth straight week. Tesla has been struggling for several months. Losing about half of the value Faced with concerns about sales drop, new tariffs and A since reaching a record in December Opposition to CEO Musk’s political activities.

On Thursday, during a full-handed meeting, Musk told staff to “stay your stock” that it would be hard for Wall Street to fully understand the value of its growth potential related to the progress of autonomous driving and the company’s work on its Optimus Prime’s human robot, and Musk Said before It may ultimately represent Tesla’s revenue stream, not its vehicle.

“Tesla’s stock is up, down, but it’s actually still the same company,” Musk said. “It’s just people’s perception of the future.”

Wedbush analysts call the incident a “significant and much-needed step” after Calls on Musk to guarantee investors Stocks after the recent slideshow. “We applauded Muke, who is ‘Reading Room’, and showed an important hand to employees and investors at this critical time,” they said.

Wedbush analysts, some of them Tesla is the most optimisticsetting the stock’s price target at $550, which is well above the average target of $355 that the visible Alpha summed up.

Morgan Stanley, an analyst who lowered his target to $410 from Thursday’s $430, told clients that Tesla’s delivery decline “is not particularly changing the narrative” and that Tesla remains the “best option” citing its potential potential as “a game that is highly diverse in AI and robotics.”

Update – March 21, 2025: This article has been updated since its first release to reflect the latest stock price value.