Elon Musk makes the ‘most valuable apology of all time’ on Tesla's earnings call

Elon Musk makes the ‘most valuable apology of all time’ on Tesla's earnings call

6 years ago
Anonymous $oIHRkISgaL

https://www.cnbc.com/2018/08/02/wall-street-says-elon-musks-contrition-on-tesla-call-could-be-most-v.html

Wall Street is happy over Tesla's quarterly results and guidance, but Elon Musk's apologies to multiple analysts may even be more important to the company's shares and investor sentiment.

On Wednesday's post-earnings conference call, Tesla took its first questions from the two analysts Musk had dismissed three months earlier, when the company reported first-quarter results. That day, the stock plunged in after-hours trading in response to the "boring, bonehead questions" insults and erratic behavior by its executive.