Elon Musk just took the entire EV sector down with these comments
https://www.siliconvalley.com/2022/01/28/elon-musk-just-took-the-entire-ev-sector-down-with-these-comments/
Six months ago, Elon Musk said he would stop attending investor conference calls unless there was “something important” that he needed to say. He should have stuck with that plan.
After skipping Tesla’s third-quarter call, he returned to the call Wednesday to discuss fourth quarter’s record earnings and revenue. But his comments on this week’s conference call spooked investors despite Tesla’s successful financial results. Tesla shares had their worst day in months on Thursday, losing 11.6% and taking the other EV stocks down along with it.