Summarize this content to 2000 words in 6 paragraphs in Arabic Unlock the Editor\u2019s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Elon Musk has urged Tesla employees to \u201chang on to\u201d the carmaker\u2019s shares in an effort to reassure them that the carmaker\u2019s future is \u201cincredibly bright\u201d despite plummeting sales, a series of safety recalls and vandalism spurred by his political activism.\u00a0The unusual communication to staff came after Donald Trump\u2019s commerce secretary Howard Lutnick also urged Fox News viewers to \u201cbuy Tesla\u201d in a sign of growing alarm as Tesla\u2019s shares have plunged 51 per cent since mid-December.\u201cIf you read the news, it feels like\u2009.\u2009.\u2009.\u2009Armageddon,\u201d Musk, the carmaker\u2019s chief executive, said during a meeting with employees broadcast on X late on Thursday.\u201cI understand if you don\u2019t want to buy our product, but you don\u2019t have to burn it down. Stop being psycho!\u201d\u00a0he said referring to the rise in vandalism cases against Tesla cars.Tesla and its dealerships have become a target for protests in the US and Europe in response to the billionaire\u2019s outsized influence in the White House, his attack on the US federal government as the de facto head of the so-called Department of Government Efficiency (Doge) and his support for the far-right AfD party in Germany.\u00a0Sales have also plunged in leading European markets in recent months while demand has soared for \u201cI bought this before Elon went Crazy\u201d car stickers on Amazon.The company is also facing multiple regulatory probes into Musk\u2019s claims about the capabilities of its driver-assistance systems. On Thursday, Tesla recalled more than 46,000 Cybertrucks in the US to replace an exterior panel that could fall off while driving.\u00a0\u201cThere are times when there are rocky moments,\u201d Musk said. \u201cBut what I\u2019m here to tell you is that the future is incredibly bright and exciting,\u201d he added, citing the company\u2019s efforts in autonomous driving and robotics.Musk has previously said Tesla\u2019s pivot to autonomous driving and artificial intelligence could take its valuation as high as $5tn. The shares rose more than 2 per cent on Friday, taking the company\u2019s market capitalisation to $760bn. \u201cI think in five years, we\u2019ll probably have regulatory approval I think globally, so you\u2019ll have autonomous Teslas on every continent,\u201d he said. \u201cSo what I\u2019m saying is, hang on to your stock.\u201d But the Tesla chief has repeatedly missed targets to roll out self-driving taxis. He first promised fully autonomous rides from Los Angeles to New York by the end of 2017. In 2019, he predicted that 1mn robotaxis would be on the road by the following year.<\/p>\n","protected":false},"excerpt":{"rendered":"
Summarize this content to 2000 words in 6 paragraphs in Arabic Unlock the Editor\u2019s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Elon Musk has urged Tesla employees to \u201chang on to\u201d the carmaker\u2019s shares in an effort to reassure them that the carmaker\u2019s future is \u201cincredibly bright\u201d<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63],"tags":[],"class_list":{"0":"post-248869","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-tech"},"_links":{"self":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/posts\/248869","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/comments?post=248869"}],"version-history":[{"count":0,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/posts\/248869\/revisions"}],"wp:attachment":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/media?parent=248869"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/categories?post=248869"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/tags?post=248869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}