Tesla Shares Drop After Elon Musk Cuts Off ‘Boring’ Analysts

Shares in Tesla plunged Wednesday after CEO Elon Musk cut off analysts and dismissed their “boring” questions in a first-quarter earnings call. Musk had reportedly faced queries about how he plans to generate more cash in the second half of the year after the carmaker blew through $1 billion in the first quarter. He is said to have cut off analysts in the conference call, complaining that their questions were “not cool” and “so dry.” After dismissing a question from Bernstein senior analyst Toni Sacconaghi, Musk answered several questions from a Tesla fan and YouTube channel owner who has had favorable things to say about the company, according to CNBC. Musk has repeatedly pushed back manufacturing targets for the Model 3, Tesla’s first mass-market electric vehicle, and customer deposits continue to pile up despite the company’s slow output.