© Reuters. FILE PHOTO: Tesla Inc CEO Elon Musk walks next to a screen showing an image of Tesla Model 3 car during an opening ceremony for Tesla China-made Model Y program in Shanghai, China January 7, 2020. REUTERS/Aly Song/File Photo
(Reuters) – Tesla (NASDAQ:) Inc Chief Executive Elon Musk told employees that they should not be “bothered by stock market craziness” after the company’s shares tanked nearly 70% this year over jitters on softening demand for electric cars and Musk’s distraction with Twitter.
In an email sent to staff on Wednesday and reviewed by Reuters, he said he believes that long-term, Tesla will be the most valuable company on earth. He also urged employees to make a push to deliver vehicles at the end of this quarter, after the automaker has offered discounts to its vehicles in the United States and China.
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