In response to Tesla's declining stock price over the past three months, CEO Elon Musk held a late-night all-hands meeting with employees in Austin, Texas, on Thursday to boost morale and outline the company's achievements and future vision.

Analyst Warnings and Stock Performance

Renowned Wedbush analyst Dan Ives has issued a warning that Tesla Motors, Inc.(TSLA.US) is facing a crisis, emphasizing that only Musk can resolve the situation. 

According to Ives, Musk needs to take two specific actions to curb negative publicity and get Tesla's stock back on track.

First, Musk must publicly commit to balancing his roles as head of the USA government's efficiency department (DOGE) and CEO of Tesla. Many believe Musk is currently dedicating "110% of his energy" to his government position. Ives expects Musk to address this concern before Tesla's first-quarter earnings call in early May.

Second, Ives urges Musk to provide more detailed plans for Tesla's promised lower-priced electric vehicle, which the company committed to launching and beginning production on in 2025. This vehicle is considered crucial for Tesla's competitiveness in the market.

Since reaching an all-time high in December, Tesla Motors, Inc.(TSLA.US)'s stock has lost approximately half its value, closing at $236.26 on Thursday—a 37.71% decrease year-to-date. Despite this decline, Ives maintains a target price of $550 for Tesla, suggesting potential growth of 132% from current levels.

Musk's Late-Night Rally

During Thursday's meeting, which began at 9:58 PM Eastern Time despite being scheduled for 9:30 PM, Musk encouraged employees to "continue to hold" their Tesla stocks despite the "difficult times" the company is facing.

"If you watch the news, it feels like the end of the world. Whenever I walk past the television, I always see a Tesla on fire," Musk acknowledged, referencing the recent protests at Tesla showrooms and charging stations. "If you don't want to buy our products, I can understand, but you don't have to burn them."

Musk highlighted several key achievements:

• Tesla has produced over 7 million vehicles globally
• The Model Y has become the world's best-selling automobile
• The Cybertruck has quickly become the best-selling electric pickup
• Tesla is now the best-selling electric car brand in Europe

Looking ahead, Musk predicted that Tesla Motors, Inc.(TSLA.US) would surpass 10 million vehicles next year and emphasized his vision of a "sustainable abundance" future.

Technological Progress

Musk also showcased Tesla's technological advancements:

• The Supercharger Network now enables highway travel across the USA, Europe, and Australia
• The first generation of the Dojo Supercomputer is fully operational, handling approximately 5-10% of Tesla's AI training workload, with plans for a ten-times more powerful version in development
• The Optimus robot has progressed rapidly, with Musk describing it as "the most complex humanoid robot on Earth"

Leadership Questions

While long-term investor Ross Gerber has stated that Musk "either needs to step up or step down," suggesting Tesla Motors, Inc.(TSLA.US) could find another suitable CEO, Ives maintains that Tesla's identity is closely tied to Musk. Ives believes that if Musk can deliver on promises of lower-cost vehicles and self-driving technology, the controversies surrounding his government role will eventually subside.

"There will be difficult, stormy times," Musk told employees, "but I am here to tell you that the future is bright and exciting."