Uber CEO Travis Kalanick said in a letter to employees that he was “not in a position to be speaking to you about the future of our company,” and he would be “showing you my hand.”

The letter was released on Tuesday, a day before Uber’s annual shareholder meeting.

Uber shares have dropped almost 70% since he took over in May.

Kalanicks letter to Uber employees has been shared on Twitter more than 2,500 times and received more than 1.5 million comments, with many of them criticizing the CEO.

Kalampas letter also addressed the recent controversy surrounding Uber’s drivers and the company’s refusal to cover insurance costs.

“If Uber is not prepared to cover costs associated with providing driver assistance, I cannot speak for you,” Kalananick wrote.

“I hope you can understand why.”

He also reiterated the company would be covering the cost of health care for its drivers and riders, but he did not specify how much.

Kalanzas letter, which is the latest in a series of messages that Kalanani has sent since taking over the reins at the company, is the first direct response to the controversy surrounding the company.

It also comes just two weeks after Kalananes resignation letter was sent to shareholders.

Uber has been facing growing criticism over the quality of its cars, the safety of its drivers, and its refusal to pay drivers who work more than 15 hours per week.

Uber also has faced criticism for its alleged predatory pricing practices, as well as for its failure to provide the company with adequate insurance.

Kalans letter comes just a few days after Kalanos family filed a wrongful termination lawsuit against Uber.

Kalanos’ lawsuit was filed after Uber refused to reimburse him for his medical costs, and Kalananos claims that Uber retaliated against him after he refused to sign a non-disclosure agreement, and after he filed a complaint with the California Public Utilities Commission.

Kalanois family had said that Uber threatened to fire him if he didn’t comply with the non-discrimination policy, and that Uber had retaliated by not paying for his health insurance.

Uber fired Kalanans personal attorney, Paul Sztorc, after Kalanoi filed the lawsuit.

Uber’s legal woes have become a rallying cry for investors, who have piled on Kalananoi in the wake of the companys woes.

On Tuesday, Uber had $7.6 billion in cash on hand, down from $9.7 billion a week earlier.

Its stock had lost $50 per share in the last three months of 2017.