India, March 21 -- Elon Musk called for Tesla employees to "hang onto" their stock of the company despite the "rocky moments" the prices are going through.

Tesla stock plunged over 40 per cent this year, giving up the gains from an initial stock surge which followed President Donald Trump's inauguration.

"If you read the news, it feels like Armageddon," he said in an unannounced all-hands Thursday meeting in Austin, Texas, which was streamed live on his social media platform X.

"I can't walk past a TV without seeing a Tesla on fire," he added. "I understand if you don't want to buy our product, but you don't have to burn it down."

This comes at a time when the US Federal Bureau of Investigation (FBI) has been investigating a number of...