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Elon Musk accepts his move to snub Tesla analysts was 'foolish'

Elon Musk accepts his move to snub Tesla analysts was 'foolish'”

Both analysts were not immediately available for a comment on Musk's tweets.

The chief executive was criticised for cutting off two analysts who asked about the electric vehicle and solar panel company's cash needs and orders for its Model-3. Notably, Tesla's stock took a dive Thursday morning after the call. He characterized them as proponents of the "short seller thesis".

"Excuse me. Next, next", an irritated Musk said on the conference call with analysts who follow the company. "Next." during the call, he amplified his view during the tweet tirade.

To a question about the Tesla Model 3, which has had a slower-than-expected rollout, Musk replied: "These questions are so dry". During the call, Musk shot down a question from Sanford C. Bernstein & Co. analyst Antonio Sacconaghi about capital investment requirements.

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The $US1,000 iPhone X - Apple's most expensive iPhone - was the best-selling phone "every week" during the quarter , Cook said. But the company relied more on cheaper, earlier-generation products to drive sales, rather than on its flagship iPhone X .

Musk turned to Twitter this Friday to defend his behavior that had caused a 5% dip in the share value of Tesla.

Musk's insults, and his refusal even to respond to legitimate questions, made for one of the weirdest corporate earnings conference calls in recent memory. And once they were on the call", Musk admitted, "I should have answered their questions live.

But beyond that, those tweets amount to him calling two analysts "absurd boneheads" (collectively) in the course of a pseudo-apology, which reminds me a bit of Ricky Bobby contending that as long as you preface something with the phrase "with all due respect", what comes out of your mouth next doesn't matter.

Musk then ended the sudden tweetstorm with some news about the flamethrower product being developed by one of his other companies, The Boring Company.

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For those looking to unlock some sweet skins , we've got all of the cosmetic outfits right here for you from Tier 1 to 100. In the area north of Tomato Town, Fortnite players will now find a new drive-in-style movie theater called Risky Reels .

"Oh and uh short burn of the century comin soon".

Elon Musk, CEO of Tesla Motors, poses with a Tesla auto in front of Nasdaq following the electric automakerís initial public offering on June, 29, 2010, in NY. And Musk accurately noted that Tesla is a favorite of short sellers, who bet against stocks.

Musk's the-best-defense-is-a-good-offense strategy came amid Wall Street concern about a potential cash crunch at Tesla, worries that cast a shadow over the company before it reported its earnings results.

Musk said that despite the record loss in the first quarter, Tesla could see profits by year end.

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While some of that can be chalked up to bad bounces or San Antonio's defense, the fact of the matter is the shots didn't go down. New Orleans swept Portland in the first round, so the Pelicans got to watch the Warriors finish off the Spurs on Tuesday night.

Tesla shares fell as much as 1.2 per cent as of 9:35 a.m.in NY, a day after Musk's behavior on the company's earnings call sent the stock down by the most in more than a month. Tesla shares closed 3.4% higher at $294.09 on Friday.



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