Elon Musk reassures Tesla workers with all-hands meeting, admits it 'feels like Armageddon'

Core Insights - Tesla CEO Elon Musk encouraged employees to retain their stock despite recent negative news coverage, stating that overall, the company's situation is positive, particularly with strong sales of the Model Y and Cybertruck [1][4] - Musk expressed concern over the violent targeting of Tesla properties, describing the media portrayal as feeling like "Armageddon" [1][6] - Tesla's stock has seen a significant decline, dropping from nearly $480 in mid-December to around $236 in pre-market trading [3][4] Sales and Future Projections - Musk highlighted the sales success of the Model Y and Cybertruck, indicating that the company is performing well despite external challenges [1] - He projected that Tesla's fleet will surpass 10 million vehicles next year, with expectations for regulatory approval of full autonomy within five years [4][6] - Musk emphasized the future utility of an autonomous fleet, suggesting that it will significantly enhance the value of Tesla vehicles [6] Company Challenges - The company is facing challenges related to violent incidents at its dealerships and properties, with recent federal charges against individuals involved in these attacks [6][8] - Musk's increased visibility in Washington D.C. has coincided with the stock price decline, indicating potential market concerns regarding his political engagements [3]