Opinion: Elon Musk says he is done with regular earnings calls. Tesla investors are better off.

📆 7/26/2021 11:26 PM
📰 MarketWatch

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OPINION: After years of unforced errors on calls with Wall Street, Elon Musk says he is done, while questioning whether his own company’s new subscription product is worth the price on his way out.

Elon Musk says he is done with regular appearances on earnings calls. Tesla Inc. and its investors should be thankful.

Fewer microphones for Musk should mean fewer chances to lay potential landmines in Tesla’s TSLA, +2.21% path. One of Musk’s most dangerous current games is autonomous-driving predictions, which have already led to failed promises like a coast-to-coast autonomous driving trip and a fleet of Tesla robo-taxis by 2020.

The thing is, there is plenty of valuable information that Tesla investors need, much more than pie-in-the-sky predictions about autonomous driving. The call also included better insight into Tesla’s current supply-chain issues, including semiconductor shortages, and news that the Semi and the Cybertruck would likely be delayed.

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Electric cars, Solar panels and Cell phones all use what metal? Silver, my friends. Tesla, Samsung, Apple, Toyota are going to need about twice as much as is being produced now. Better hop on the Silver train. Elon is about to buy a silver mine...

It is worth reflecting upon.

horrible

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