Tesla 's quarterly revenue came in below expectations , and Elon Musk's remarks on the earnings call also seemed to upset a top tech analyst on Wall Street. Toni Sacconaghi, Bernstein senior research analyst who has a underperform rating on the EV player, said he's not pleased with the Tesla CEO's performance on the call. "Aside from the financials, the earnings call didn't sit well with us," Sacconaghi said in a note Thursday.
" The CEO also said Tesla is "pedal to the metal" even with potential recession looming. Sacconaghi set his 12-month price target at $150 for Tesla, which would translate into a nearly 30% fall from Wednesday's close of $222.04. The analyst said he continues to worry about demand levels even though Musk claimed his company had "excellent demand" and that it would continue to sell "every car we can make for the foreseeable future.
I can imagine Musk has a really hard time being courteous to two-faced leaches like this who while pretending to asking meaningful questions, are scheming in their minds for ways to interpret the answer to cast it in the worst possible light.
Fucked up South African.
Apparently this dude who likes to lie is holding a short position and wants it to pay out
To heck with you Toni. I was on call and you were snide and asking really loaded obnoxious questions which YOU wanted a follow up on and they just blew you off. $TSLA elonmusk was very respectful to all the other people. grow up
Lol. He was brimming with optimism. Bernstein is projecting.
Just one word from Musk can change a lot of things
Been reading that book on the benefits of terseness? Or was it brevity 🤔
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