Too Good for Wall Street: Elon Musk cuts off Analysts for asking "boring" questions

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"This is a financial analyst call--this is not a TED talk" - Toni Sacconaghi, analyst at Sanford C. Bernstein & Co

Tired of hearing analysts asking "boring" questions, Elon Musk , rather uncharacteristically, criticized and even cut off guests during Tesla's Q4 earnings call:

On the call, he seemed more eager to talk about the future of Tesla--self-driving cars or the next electric vehicle--than the state of the business after the Silicon Valley auto maker burned through about $1 billion during the first quarter as production struggles continued to beset the Model 3 sedan.

Following the call, which was broadcast for investors online, analysts sent notes to clients that characterized Mr. Musk's exchange as "bizarre theatrics" and "odd," and said Mr. Musk might have struck some as being "dismissive" and "unhinged." At least three analysts dropped their price targets.

If you haven't heard about this yet, listen to some of the highlights below:

Elon is either really tired of the same old, "boring", questions or hiding something.

Did Elon take it too far?

Is he hiding something?

What are your thoughts?

Comments (1)

May 3, 2018