Liam Denning, Columnist

Tesla Raises Many Questions. Just Make Sure They're Interesting

Elon Musk just undercut investor confidence by cutting off analysts.

May 2, 2018 at 11:07 PM UTC

Liam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on the Street column and wrote the Financial Times’s Lex column.

Are you serious right now? Tesla CEO Elon Musk
Photographer: AFP Contributor/AFP

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Elon Musk has had it with you guys. Over to YouTube.

Tesla Inc.’s first-quarter earnings report began on a reasonably positive note Wednesday evening, as the company’s adjusted net loss of $3.35 a share beat the consensus forecast by 6.5 cents per share, or $11 million. As so often, that beat — or rather, smaller loss —came courtesy of selling a slug of zero-emission vehicle credits, which added almost $50 million to the bottom line (see this for an explanation). Still, the stock initially went up in after-hours trading.