Elon Musk allays investor worries – share rises

san francisco A comment from Tesla boss Elon Musk helped the electric car maker’s shares on Thursday again. At the start of trading on Wall Street, the paper was up around 7.5 percent at $ 120.

Musk had reassured employees in an email after the recent price turbulence. “Don’t get too irritated by the madness of the stock market. If we continue to excel, the market will recognize it,” Musk wrote on Wednesday.

He firmly believes that Tesla will become the most valuable company in the world in the long term. Musk urged employees to move forward with vehicle deliveries through the end of the quarter. “Please go all out in the next few days and help with the delivery if possible. It will make a real difference.” Tesla is offering its models in the US and China at a discounted price until the end of the year.

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