Tesla Earnings: Musk Has Work Amongst ‘Boring’ Questions, Marketplace Has Work Amongst Snarky Ceo

From Barron's Tech Trader Daily:

After Elon Musk's needlelike dismissal of analysts' questions on Tesla's quarterly conference call, the interrogation is whether it has whatever acquit upon on the company's mightiness to enhance the working capital alphabetic lineament it needs to hold going.

The word beingness used to depict final night’s word betwixt Elon Musk, principal executive of Tesla (TSLA), in addition to Wall Street analysts, is “bizarre."

Tesla shares this morn are downward 6.7% at $281.00 later Musk at 1 betoken abruptly cutting off the analysts in addition to decided instead to accept questions from people via YouTube. The conversation followed the company's study of Q1 revenue in addition to earnings that topped analysts' expectations.
Musk warned the assembled upward front: “We’re going to larn equally long equally in that location are proficient questions to answer."

He kicked off the telephone telephone past times describing how the fellowship has realized it shouldn’t endure using robots for about tasks on its assembly line, such equally putting felt covers on summit of a battery pack.

"We had these fiberglass mats on the summit of the battery pack, simply basically like—they're basically fluff,” said Musk. "So nosotros tried to automate the placement in addition to bonding of fluff to the summit of the battery pack, which is ridiculous.”

"Like therefore nosotros had flufferbot, which was genuinely an incredibly hard machine to brand work," he continued.

And in addition to therefore things went into the normal dorsum in addition to forth amongst the analysts, until Musk decided the questions were no longer good.

Toni Sacconaghi of Bernstein stepped upward to inquire virtually how much the company’s working capital alphabetic lineament expenditures would endure this year.

“Excuse me, next. Next. Boring questions are non cool,” said Musk.

Joseph Spak of RBC Capital stepped upward to inquire how many of those who’d reserved a Model 3 sedan receive got genuinely gone ahead amongst the reservation....MORE

The writer, Tiernan Ray, is 1 of our favorite tech scribes, inwards business office because he is no fan man child simply hither he is beingness likewise kind. Some of final night's responses:
CNBC —Tesla stock drops equally Elon Musk gives bizarre earnings call
ZeroHedge—"Musk Meltdown": Tesla Tumbles After Elon Cuts Off Conference Call Question
and: Morgan Stanley: "Tesla's Call Was The Most Unusual I Have Experienced In xx Years"
"To endure clear. Tonight’s conference telephone telephone didn't larn rattling well. It made an strange plow 37 minutes in..."

We were therefore concerned that Mr. Musk had suffered an aneurysm that 1 of our posts was headlined:
Tesla Conference Call: Pray For Elon (TSLA)

Additionally:
Elon Is Tweeting, Stock Down a Bit More (TSLA)
Tesla Drops 5% After Musk Refuses To Take Questions From Analyst (TSLA)

Our initial response to the numbers was "meh".
And in addition to therefore Elon lost his mind.

In piece of cake pre-market activity the stock is downward $22.35 (7.42%) at $278.80.