When questioned on the Model 3 by an analyst, Elon Musk cut him off, calling questions dry and "not cool". "We're going to go as long as there are good questions to answer", he said of the question and answer phase of the call. But neither can be said to "represent a short seller thesis, not investors", as Musk wrote on Twitter.
Nord LB analyst Frank Schwope said that Musk's refusal to answer questions or receive criticism was "not very clever" but added that his ability to find new money was still intact.
Tesla CEO Elon Musk on Wednesday made another round of headlines after a handful of contentious exchanges with analysts during an earnings report conference call.
Tesla also reported a net loss of almost $800 million during the last quarter, as the company grapples with widely reported problems over its inability to efficiently produce Model 3 cars.
Tesla's key metric is hitting 5,00 per week and that their target for Model 3 production may not happen until late July. They're killing me." He also threw tantrums at Bernstein & Co analyst Antonio Sacconaghi, who asked: "And so where specifically will you be in terms of capital requirements?
Today, with Tesla's stock price having plummeted then gradually regained its momentum, Musk is defiant.
Frustrated Tottenham Hotspur want to win trophies - Dele Alli
But he went on to add that whenever the manager moves on, he would like to see Pochettino take over as the Manchester United boss. Yes, Watford has some good chances to score, but their quality in front of Hugo Lloris was pretty poor.
Many expect that its need for cash will require the company to again turn to markets to raise more capital.
"It was foolish of me to ignore them", he says.
Disclosure: I have no ownership in shares of TSLA and have no plans to initiate any positions within 72 hours.
After offering his explanation on Twitter, Musk changed topics and tweeted instead that the next batch of the Boring Company's "Not a Flamethrower" flamethrower would be arriving just in time for the "short burn of the century". Tesla aims to boost production quickly from 2,270 Model 3 sedans per week in April to 5,000 by the end of June. On the call, he devoted 23 minutes to 25-year-old Tesla investor, Galileo Russell, who runs HyperChange TV. Musk also noted that there are "really big numbers" involved.
During early trading on Wednesday, Tesla's price of shares fell 6.1 percent, dipping to $282.02 per share.
Sacconaghi wrote in a note on Thursday that "we do worry that such theatrics will unnecessarily undermine investor confidence in Tesla's outlook".