Elon Musk, the CEO of Tesla (TSLA) gave a Donald Trump-like conference call yesterday where he refused to answer questions and insulted the analysts – even calling out "fake news" on well-documented problems with their auto-pilot system. At one point in the call, Musk ignored the professional analysts for 23 minutes to chat with a blogger who had "friendlier" questions than, for instance "How are you going to replace all the cash you are burning?" and "How many model 3s will you produce now that you've failed to hit goals for the 3rd consecutive quarter?"
This morning, even their biggest supporter at Morgan Stanley is bailing:
Other analysts blasted TSLA as well: