https://medium.com/@cunninghamjeff/elon-musk-5a3c78f9e8bf

“I want to apologize,” was the sweetest thing Wall Street has ever heard from Elon Musk. That simple mea culpa on his recent earnings call led to a 13% increase in the share price of Tesla, or nearly $2 billion per word. But the apology is only the start. The stage is set for a broader transformation — for Musk and Tesla — one that may surprise his detractors, and one that he has made before.

During the call, Musk hit all the high notes: the company would be cash flow positive by the next quarter and every quarter after that, and production would ramp up. Then he apologized to every analyst he previously berated, one by one. From a Wall Street perspective, it doesn’t get much better than making money and hearing Elon Musk say he’s sorry.