Elon Musk hits back on complaints about Tesla's wild earnings call

Tesla is flirting with a key level ahead of earnings

The tweetstorm followed a combative earnings call on Wednesday that saw Musk ignore questions posed by two analysts. The questions that Musk ignored were from Sanford Bernstein's Toni Sacconaghiand RBC's Joseph Spak, who both have "hold" ratings on the Telsa stock - which implies that they are both taking a long position. Tesla's stock price tumbled in after-hours trading during the investor call. "It's actually thinking they know more about Autopilot than they do, like quite a significant understanding of it".

Tesla boss Elon Musk has defended his comments in a contentious conference call, saying the people he shut down were "sell-side analysts who represent a short-seller thesis, not investors". But that's no reason to hand the call over to a blogger from YouTube for a dozen questions that spanned 23 minutes, which is what Musk did.

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Every time a Tesla collides with anything, the first question asked is, "was the driver using Autopilot?"

With his pointed comments on social media, Musk is doubling down on the defiant attitude he displayed on Wednesday's earnings call - one that infuriated analysts across Wall Street. "They're killing me", he said before moving on from Spak and Sacconaghi's questions.

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CNBC reported that Musk's decision to ignore the questions pushed Tesla's stock down by 5.6 percent Thursday. At one point, the CEO lamented that "boring questions are not cool", while also mentioning "barnacles, flufferbots, and bonehead bears".

In response to RBC's "absurd" question regarding the percentage of Model 3 reservations that Tesla had started to configure, Musk said that Tesla has roughly a half a million reservations, despite no advertising and no cars in showrooms.

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There's an easy solution to Tesla CEO Elon Musk's cash-burning problem, according to analyst Gene Munster: He needs to end the Model 3 production problems that have plagued the Silicon Valley automaker. For another query, concerning demand for the Model 3, he points to the more than 400,000 vehicle reservations still waiting to be filled.

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