Tesla(TSLA) Business Insider·2025-03-18 20:11Core Viewpoint - Tesla's stock is experiencing significant declines due to concerns over slowing sales, increased competition, and CEO Elon Musk's distractions, yet employees remain optimistic about the company's future [1][8]. Employee Sentiment - Employees express a general indifference towards the stock's performance, noting a 30% increase from the previous year and an 800% rise over the last five years [2]. - Many employees avoid checking the stock price daily to maintain their mental well-being, acknowledging that external factors, particularly Musk's actions, are beyond their control [2]. Internal Communication - An informal company forum shows a similar sentiment, with employees not expressing alarm over stock performance and continuing to share news and updates about Tesla [3]. - The internal atmosphere is described as positive, with no significant concerns raised among employees [3]. Compensation Structure - Stock grants are a significant part of Tesla's compensation strategy, with Musk stating that factory workers have become millionaires due to stock options [4]. - The company offers lower base salaries compared to peers but compensates with substantial stock grants, as indicated by a 2021 internal pay sheet [5]. Stock Options and Concerns - In 2024, Tesla granted approximately 3.5 billion in stock options, reflecting the company's commitment to employee equity [6]. - Employees indicate that stock price fluctuations are not their primary concern, with more pressing issues related to Musk's political associations and public controversies [6]. General Optimism - Despite the stock's 44% decline year-to-date, employees maintain a sense of confidence in Tesla's long-term prospects, emphasizing the quality of the product over external controversies [8][9]. - Employees believe that as long as the product remains strong, consumer demand will persist regardless of Musk's behavior [9].