Musk gives short shrift to Tesla critics

Thor electric semi-truck

Thor electric semi-truck

When talking about making a new platform for Model Y, Musk previously said that Tesla will get rid of the 12-volt battery architecture. The company is planning to start a new plant as the Fremont plant is jammed to grills according to Elon Musk but they are yet to decide the place for new factory which is why the timeline for Model Y production is 2020. Elon Musk, CEO of Tesla Motors confirmed during an investor earning call that the company will begin production of smaller Model Y only in 2020.

S&P Investment Advisory Services portfolio manager Erin Gibbs and Belpointe Asset Management chief strategist David Nelson discuss how Tesla CEO Elon Musk cut off questions asked by analysts during a conference call.

"I think, generally speaking, when CEOs are evasive around number questions, that is worrisome... when financial questions are asked, they should be addressed", he added.

"The "dry" questions were not asked by investors, but rather by two sell-side analysts who were trying to justify their Tesla short thesis". The decline grew after Musk lashed out at the analysts, and Tesla shares ended up closing down 5.5% in Thursday's session.

Russian fighter jet crashes over Mediterranean
Pilots "fought to take the aircraft under control till the last minute", the Russian Defense ministry said . AFP reports that the Thursday's accident brings Russia's official military life losses in Syria to 86.

Wall Street weighed in by putting a halt to its recent hammering of Tesla - its shares rose more than 1 percent in morning trade.

In its letter, Tesla said Model 3 production hit 2,270 per week at the end of April, the third straight week that it reached over 2,000.

"HyperChange represented actual investors, so I switched to them", he wrote. The EV maker claims it doesn't need to raise more funds for capital expenditures.

On Thursday, Sacconaghi sharply criticised Musk on CNBC: "This is a financial analyst call, this is not a TED talk".

30 injured after explosion during UK Jewish celebrations in London
Hatzola said on Twitter that it "provided a mega response team to a major incident as a result of a fire explosion ". The festival of Lag B'Omer marks the anniversary of the death of Rabbi Shimon bar Yochai, a 2nd century AD sage.

Shares of Tesla Inc.

The questions Musk cut short on Wednesday related to Model 3 reservations and capital requirements.

Wednesday's results showed Tesla tearing through $745.3 million in cash in the first quarter, due largely to the slow production ramp-up of the Model 3 mass-market electric sedan.

CNBC also reports that Musk made a decision to take several questions from a 25-year-old retail investor and owner of a YouTube channel, Galileo Russell, which is unusual because questions on earnings calls are traditionally reserved for analysts, professional investors, and sometimes media.

EPL: City close on record, United beat Wenger
And in his first appearance against his former club, the Chilean was heavily involved in the opening goal on 16 minutes. Raheem Sterling was phenomenal for the Manchester City side in this match as he assisted for three of City's goals.

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