Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by <a href="https://www.factset.com/">Factset</a>. Powered and implemented by <a href="https://www.factset.com/solutions/business-needs/digital-solutions">FactSet Digital Solutions</a>. <a href="https://www.factset.com/privacy">Legal Statement</a>. <br>This material may not be published, broadcast, rewritten, or redistributed. ©2025 FOX News Network, LLC. All rights reserved. <a href="https://help.foxbusiness.com/hc/en-us/sections/4405278462107-FAQ">FAQ</a> - <a href="/privacy-policy">New Privacy Policy</a><br>Tesla CEO Elon Musk, speaking at a company meeting on Thursday, March 20, said it "it feels like Armageddon" after seeing news coverage of his dealerships and vehicles being targeted with violence. (Credit: YouTube/Tesla)<br><a href="https://www.foxbusiness.com/category/elon-musk" target="_blank" rel="noreferrer noopener">Tesla CEO Elon Musk</a> urged his company’s staff to "hang onto your stock" during an all-hands meeting in which he admitted that "it feels like Armageddon" after seeing news coverage of his dealerships and vehicles being targeted with violence. <br>Speaking at the company’s Texas gigafactory on Thursday night, Musk reassured workers by saying "overall, it’s good" for Tesla, touting recent sales figures for its Model Y and Cybertruck vehicles. However, he added that "If you read the news, it feels like Armageddon." <br>"I can’t walk past the TV without <a href="https://www.foxbusiness.com/category/tesla" target="_blank" rel="noreferrer noopener">seeing a Tesla on fire.</a> You’re like – what is going on?" Musk said. <br>"Some people it’s like, listen I understand if you don’t want to buy our product but you don’t have to burn it down that’s a bit unreasonable you know. This is psycho," he continued, drawing laughs from the audience. "Stop being psycho, OK?" <br><a href="https://www.foxbusiness.com/technology/elon-musks-tesla-recalls-most-cybertrucks-due-trim-panel-risk" target="_blank" rel="noreferrer noopener"><strong>TESLA RECALLS MOST CYBERTRUCKS DUE TO TRIM PANEL RISK</strong></a><strong> </strong><br><span>Elon Musk leaves following a luncheon with members of the Senate Republican Conference on Capitol Hill in Washington, D.C., on March 5. </span><span> (Reuters/Kent Nishimura / Reuters)</span><br><a href="https://www.foxbusiness.com/quote?stockTicker=TSLA" target="_blank" rel="noreferrer noopener">Tesla’s stock price</a> has plummeted in recent months as Musk's presence has become more frequent in Washington D.C., leading the Department of Government Efficiency (DOGE) for the Trump administration. <br>As of early Friday, Tesla shares were around $236 in pre-market trading, down from a peak of nearly $480 in mid-December. <br>Musk suggested during the meeting that employees should stay patient. <br>"Autonomous Teslas will be everywhere. In five years probably we will have regulatory approval, I think globally, so you will have autonomous Teslas on every continent taking people on trips and almost the entire fleet – which will pass 10 million vehicles next year – is capable of full autonomy," he said. <br><a href="https://www.foxbusiness.com/politics/musk-says-doge-cuts-necessary-ship-america-sink" target="_blank" rel="noreferrer noopener"><strong>MUSK SAYS DOGE CUTS NECESSARY OR ‘SHIP OF AMERICA WILL SINK’</strong></a><strong> </strong><br><span>President Donald Trump and Tesla CEO Elon Musk speak to the press as they stand next to a Tesla vehicle on the South Portico of the White House on March 11 in Washington, D.C. </span><span> (Mandel Ngan/AFP via Getty Images / Getty Images)</span><br>"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 continued. "But it will compute in the future... so what I’m saying is hang onto your stock." <br>The meeting happened Thursday after the Justice Department announced that three people were charged in federal cases involving <a href="https://www.foxnews.com/us/domestic-terrorism-hits-tesla-drivers-dealers-former-fbi-field-boss-warns-could-get-worse" target="_blank" rel="noreferrer noopener">attacks on Tesla properties</a> in the U.S. <br><a href="https://www.foxnews.com/us/10-places-where-tesla-vehicles-dealerships-were-attacked-year" target="_blank" rel="noopener"><strong>10 PLACES WHERE TESLA VEHICLES, DEALERSHIPS WERE ATTACKED THIS YEAR</strong></a><br><span>People participate in a "Tesla Takedown" protest against Elon Musk outside a Tesla dealership in Pasadena, Calif., on March 8.</span><span> (Frederic J. Brown/AFP via Getty Images / Getty Images)</span><br><a href="http://foxbusiness.com/" target="_blank" rel="noreferrer noopener"><strong>CLICK HERE TO READ MORE ON FOX BUSINESS</strong></a><strong> </strong>       <br>"People that get caught sabotaging Teslas will stand a very good chance of going to jail for up to twenty years, and that includes the funders," President Donald Trump wrote on Truth Social. "WE ARE LOOKING FOR YOU!!!" <br><br>Get a brief on the top business stories of the week, plus CEO interviews, market updates, tech and money news that matters to you.<br>We've added you to our mailing list.<br>By clicking subscribe, you agree to the Fox News <a href="https://www.foxnews.com/privacy-policy" target="_blank">Privacy Policy</a> and <a href="https://www.foxnews.com/terms-of-use" target="_blank">Terms of Use</a>, and agree to receive content and promotional communications from Fox News. 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