Musk Says He Was ‘Foolish’ Dealing With Probing Tesla Analysts
- CEO tweets that analysts’ queries were ‘absurd,’ ‘boneheaded’
- Accuses RBC, Bernstein analysts of representing bearish thesis
This article is for subscribers only.
Elon Musk pledged to “burn” investors shorting Tesla Inc. and criticized both analysts and himself for the bizarre earnings call that dragged on shares of the electric-car maker.
Musk tweeted that analysts at Sanford C. Bernstein & Co. and RBC Capital Markets were representing “a short seller thesis, not investors” when posing questions he cut off during the Wednesday call. The chief executive officer reiterated that an inquiry about capital expenditures by Bernstein’s Toni Sacconaghi was “boneheaded” and said RBC’s Joseph Spak posed an “absurd” query about Model 3 reservations.