Chief executive Elon Musk's freaky tantrums during the call caused an 8% decline in the company's stock price.
"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", tweeted Musk. "The other, asked by an analyst from RBC, prompted an even stronger response, with Musk stating that 'These questions are so dry, they're killing me".
"You need to have full autonomy, level 4 or 5, whatever you want to call it and, obviously, a lot of cars on the road, and then build the software infrastructure behind that to enable shared autonomy", Musk said.
Shortly after Elon Musk changed his perspective to deal with the prospect of Tesla's earnings, he faced severe social media backlash, primarily on Twitter, due to his odd behavior on an earnings conference call.
"I should have answered their questions live".
Tesla CEO Elon Musk on Wednesday made another round of headlines after a handful of contentious exchanges with analysts during an earnings report conference call. Though the EV maker posted its highest quarterly loss ever, Musk was happy that Tesla was able to beat the Wall Street expectations.
"With over $11 billion of total short interest in Tesla, many traders are either at or close to their risk limits and will not be able to increase their positions substantially".
Tesla's shares and bonds slid on Thursday as investors took the CEO to task for slashing analysts' questions and grappled with issues over Tesla's ability to raise funds in the future.
Tesla may still be ironing out the production glitches on the assembly line of its popular Model 3 saloon but that hasn't stopped it from adding a new vehicle to its all-electric range. He declined to answer and labeled the inquiries "boring" and "boneheaded" before switching to questions from a YouTube host representing retail investors.
Tesla stock did rise a bit on Friday, getting a 3.82 percent bump to $295.31 per share at the time of publishing.
More investors are betting against electric-car maker Tesla than any other US stock. If his account checks out, it's not hard to see why Musk would be annoyed.