Tesla CEO Musk’s strange analyst call: “Boring wooden head questions are not cool. Next?”

05/03/2018

Tesla CEO Musk’s strange analyst call “Boring wooden head questions are not cool, the next one?”

REUTERS

“You have to answer analyst questions, not just fanboys.” Analysts responded to Musk’s behavior at his teleconference.

It could have been a pleasant event, the analysts teleconference, which the carmaker Tesla on Wednesday on the occasion of Presentation of his business results for the first quarter held. Tesla boss Elon Musk had admitted again a loss of group. But this was $ 330 million less than expected by the professional observers before. In addition, Tesla’s sales increased more than anticipated.

The best prerequisites therefore for a stimulating exchange with the representatives of banks, resarch and investment houses as well as for possible price gains on the stock exchange. But both stayed away. Instead of rising, the price of the Tesla share moved down Wednesday after announcement of the quarterly figures.

The paper lost as much as 5 percent in post-trade US trade, causing the car maker’s market value to suddenly plummet by more than $ 2 billion.

Losses after surprisingly good business figures? According to observers, Tesla’s revenue and profits were by no means the deciding factor for the crash. CEO Elon Musk rather had triggered with his arrogant behavior during the analysts’ conference, the slide, it is said.

Musk, who is already known for his moods and idiosyncrasies, was annoyed and bored by the analysts during telephone switching, according to US media. He has brushed off the questions of the bank representatives and described as “boring” and “not cool”, they say. In the meantime, he even turned away from the analysts to devote himself to a private investor who runs a Youtube channel to answer his questions.

Of the US transmitter CNN has logged the “weirdest moments” from Musk’s analyst call. Here are the highlights:

Page 1 of 4

To home page