Tesla Inc. Chief Executive Officer Elon Musk warned in an internal email his company’s rallying shares could get “crushed” if investors start to worry about the electric-car manufacturer’s ability to deliver on profit expectations.
Musk urged employees to stay focused on cutting costs and prevent a reversal in Tesla’s soaring stock price in an email sent Tuesday to employees as the Palo Alto, California-based company works to meet a target of delivering half a million cars this year.
