Tesla "Armageddon," a "Legion" of Optimus Robots, and No Mention of DOGE: 5 Takeaways from Elon Musk's Surprise All-Hands

businessinsider.com

Mar 22

Elon Musk held a surprise all-hands meeting with Tesla employees on Thursday night.Musk said investors need to "hang on to your stock" while touting the Cybercab and Optimus robots.The meeting comes ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1148695045"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1148695045\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1148695045?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-03-22 09:55","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1148695045","market":"us","top_or_hot":-1,"title":"Tesla \"Armageddon,\" a \"Legion\" of Optimus Robots, and No Mention of DOGE: 5 Takeaways from Elon Musk's Surprise All-Hands","media":"businessinsider.com","content":"<div>\n<p>Elon Musk held a surprise all-hands meeting with Tesla employees on Thursday night.Musk said investors need to \"hang on to your stock\" while touting the Cybercab and Optimus robots.The meeting comes ...</p>\n\n<a href=\"https://www.businessinsider.com/5-big-takeaways-elon-musk-tesla-all-hands-meeting-2025-3\">Source Link</a>\n\n</div>\n","source":"businsider_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla \"Armageddon,\" a \"Legion\" of Optimus Robots, and No Mention of DOGE: 5 Takeaways from Elon Musk's Surprise All-Hands</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla \"Armageddon,\" a \"Legion\" of Optimus Robots, and No Mention of DOGE: 5 Takeaways from Elon Musk's Surprise All-Hands\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-03-22 09:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businessinsider.com/5-big-takeaways-elon-musk-tesla-all-hands-meeting-2025-3><strong>businessinsider.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Elon Musk held a surprise all-hands meeting with Tesla employees on Thursday night.Musk said investors need to \"hang on to your stock\" while touting the Cybercab and Optimus robots.The meeting comes ...</p>\n\n<a href=\"https://www.businessinsider.com/5-big-takeaways-elon-musk-tesla-all-hands-meeting-2025-3\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TSLA","symbol_name":"特斯拉","start_time":0,"source_url":"https://www.businessinsider.com/5-big-takeaways-elon-musk-tesla-all-hands-meeting-2025-3","article_id":"1148695045","we_media_id":null,"thumbnails":[],"rights":{"source":"businsider_highlight","url":"https://www.businessinsider.com/5-big-takeaways-elon-musk-tesla-all-hands-meeting-2025-3","rn_cache_url":null,"customStyle":"","selectors":"body","filters":"","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1148695045","pubTimestamp":1742608517,"columns":[],"sourceInfo":{"source_id":"businsider_highlight","name":"Business Insider"},"weMediaInfo":null,"summary":"\" Musk said on Thursday night.The company's stock price has dropped by more than 50% from its record highs in mid-December. Tesla shares closed at about $236 on Thursday, down from a peak closing price of $479 in December.Musk says autonomous driving will unlock Tesla's true value.\"It's so profound and there's no comparison with anything in the past. It just does not compute. But it will compute in the future. And some people, like Cathie Wood at ARK Invest, do see the future,\" Musk said on Thur","collect":0,"end_time":0,"defaultTopTitle":"businessinsider.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"TSLA":"特斯拉"},"translate_title":"特斯拉“世界末日”，擎天柱机器人的“军团”，没有提到DOGE：Elon Musk令人惊讶的全体员工的5个要点","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TSLA":1.1},"content_text":"Elon Musk held a surprise all-hands meeting with Tesla employees on Thursday night.Musk said investors need to \"hang on to your stock\" while touting the Cybercab and Optimus robots.The meeting comes after Musk was criticized by investors for not focusing enough on Tesla.Elon Musk has a message for his Tesla employees: Don't fear the stock's recent sell-off.In a surprise all-hands meeting with Tesla staffers Thursday night, he said employees should \"hang on to your stock\" despite it losing roughly half its value since December.Musk spent the first half of the hourlong meeting giving updates on Tesla's safety record, its delivery figures, and the company's work on autonomous driving and robotics. The rest of the session was open to employees to ask questions.The meeting, which was held on short notice at Tesla's Texas Gigafactory, was livestreamed on X. It was scheduled to start at 9:30 p.m. ET, but the livestream cut out abruptly, sparking confusion among some employees. Tesla then started a new livestream, which displayed a loading screen until the meeting kicked off at 9:58 p.m. ET.Tesla typically holds its all-hands meetings during regular work hours.Here are the five biggest takeaways from Tesla's all-hands meeting.1. Musk said investors need to 'hang on to your stock'Tesla's shares have fallen by more than 50% from record highs in mid-December.Musk alluded to the turmoil surrounding Tesla's stock price while speaking about the company's autonomous driving ambitions.\"It's very difficult for people in the stock market — especially those that look in the rear-view mirror, which is most people — to imagine a future where suddenly a 10 million vehicle fleet has five to 10 times the usefulness,\" Musk told employees.Tesla's stock has declined in the past weeks as the company grapples with falling sales and the controversy surrounding Musk's work with the White House DOGE office. Tesla showrooms have been hit with vandalism and protests nationwide.\"If you read the news, it feels like armageddon. I can't walk past the TV without seeing a Tesla on fire. What's going on?\" Musk said on Thursday night.The company's stock price has dropped by more than 50% from its record highs in mid-December. Tesla shares closed at about $236 on Thursday, down from a peak closing price of $479 in December.Musk says autonomous driving will unlock Tesla's true value.\"It's so profound and there's no comparison with anything in the past. It just does not compute. But it will compute in the future. And some people, like Cathie Wood at ARK Invest, do see the future,\" Musk said on Thursday. ARK Invest set a $2,600 price target for Tesla's stock in June.\"So what I am saying is, 'Hang on to your stock,'\" Musk added.Tesla shares prices fell by half a percentage point after trading hours.2. Musk wants Tesla's operations team to focus on the Cybercab lineMusk unveiled Tesla's robotaxi, also known as the Cybercab, at the company's \"We, Robot\" event in October.When an employee asked Musk what Tesla's operations team should focus on in the next couple of years, Musk said the robotaxi, also known as the Cybercab, would be a priority.\"Well, we do want to scale up production to new heights, obviously, with the Cybercab. The Cybercab is not just a revolutionary car design, it's also a revolutionary manufacturing process,\" Musk said.Musk said the production process for the Cybercab wasn't like a \"normal car manufacturing line\" but instead resembled a \"high-speed consumer electronics line.\"\"In fact, the line will move so fast that actually, people can't even get close to it. I think it'll be able to produce a car, ultimately, in less than five seconds,\" Musk added.Producing Cybercabs at such speeds would require Tesla to scale up its casting process, Musk said.\"Let's see what is the limit of physics, of how big can a casting machine be. Let's find out. I'm game. I'm down,\" Musk continued.Musk unveiled Tesla's Cybercab at the company's \"We, Robot\" event in Los Angeles in October. During that presentation, Musk said the Cybercab would be in production before 2027.During a Tesla earnings call in October, Musk told investors the Cybercab will cost \"roughly $25,000.\" Musk said at the \"We, Robot\" event that he expects to sell the Cybercab for \"below $30,000.\"\"We are aiming for at least 2 million units a year of Cybercab. That will be in more than one factory, but I think it's at least 2 million units a year, maybe 4 million ultimately,\" Musk said then, adding that the numbers were his \"best guesses.\"3. Tesla to build Optimus robots by the 'legion'\"I think we will literally build a legion, at least one legion of robots this year and then probably 10 legions next year,\" Musk said when asked about Tesla's Optimus robots.Musk said he expects Tesla to ramp up its production of Optimus robots this year.\"This year, we hopefully will be able to make about 5,000 Optimus robots,\" Musk said in response to an employee's question about when the robots would be available to the public.Musk said Tesla aims to have enough parts to produce \"10,000, maybe 12,000\" robots.\"But since it's a totally new product — everything is totally new — I will say we are succeeding if we get half of the 10,000. But even 5,000 robots, that's the size of a Roman legion,\" Musk said.\"I think we will literally build a legion, at least one legion of robots this year and then probably 10 legions next year,\" he added.In April, Musk said during an earnings call that the Optimus robots are Tesla's most valuable asset.\"Because if you've got a sentient humanoid robot that is able to navigate reality and do tasks at request, there is no meaningful limit to the size of the economy,\" Musk told investors.4. No Tesla employees asked about politicsWedbush Securities analyst Dan Ives said in a note on Wednesday that Musk's work with the White House DOGE office had turned Tesla into a \"political symbol.\"Employees did not ask Musk questions about politics during the question-and-answer session, which lasted around 30 minutes.Some Tesla investors have criticized Musk's political involvement, saying it's weighing the company down.Ross Gerber, a longtime Tesla investor, recently told BI that he doesn't expect Tesla's stock to rebound this year. He added that Musk had alienated Tesla's customers with his political activities and positions.Dan Ives, a Wedbush Securities analyst who has consistently been bullish on Tesla, warned on Wednesday that Musk's work with the White House DOGE office is turning Tesla into a \"political symbol,\" and urged Musk to \"take a step back and balance his DOGE and Tesla CEO roles.\"Despite the lack of questions on politics, Ives praised the all-hands in a note Friday, saying, \"Leaders lead in times of trouble and crisis....and last night Elon Musk took a major and much-needed step forward.\"\"This was a key moment for Musk and Tesla to show leadership and he did. We applaud Musk for 'reading the room' and showing important hand holding at this key time for employees and investors,\" the note added.Ives added that \"challenges clearly remain\" for the company. He urged Musk to take a \"small step back\" from DOGE and focus more on Tesla.5. Musk said he's 'stretched pretty thin'\"I have like 17 jobs. At this point. I just go to sleep, work, go to sleep, work, and then do that seven days a week pretty much,\" Musk said on Thursday night.Musk told his workers on Thursday that he is \"stretched pretty thin,\" after one employee asked him if he is keen on making other products like airplanes or trains.\"I have like 17 jobs, at this point. I just go to sleep, work, go to sleep, work, and then do that seven days a week pretty much,\" Musk said.\"I guess I like being productive. I like getting things done,\" he added.Musk runs half a dozen companies. Aside from Tesla, Musk splits his time between his rocket company, SpaceX, the social media platform X, the tunneling company The Boring Co., the neural-interface technology startup Neuralink, and the AI startup xAI.That's in addition to his involvement with the White House DOGE office, where he's spearheading government spending cuts.Musk said in an interview with Fox Business host Larry Kudlow on March 10 that he was balancing his political and business work \"with great difficulty.\"Representatives for Tesla did not respond to a request for comment from BI.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}