04 May
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Elon Musk has been acting strange lately — but he swears it’s all for a legitimate reason.
The embattled Tesla CEO clarified his remarks on the latest Tesla earnings call in a Friday morning tweetstorm, explaining why he dismissed two critical questions from analysts by calling them “boring” and “boneheaded.” Tesla shares to lost more than five percent after the call.
First, it’s important to know that Tesla is the most shorted (meaning most bet against) stock on the market & has been for a while https://t.co/srEp1tf6ZU
— Elon Musk (@elonmusk) May 4, 2018
The 2 questioners I ignored on the Q1 call are sell-side analysts who represent a short seller thesis, not investors
— Elon Musk (@elonmusk) May 4, 2018 Read more…