Tesla CEO Elon Musk Rants on Earnings Call and Twitter
Tesla Inc. CEO Elon Musk certainly knows how to get people talking about him. While running a successful electric vehicle company and a space technology company, Musk still has plenty of time to appear in the spotlight. The past week marked a few more examples of the CEO’s often outlandish behavior in the public.
Tesla’s first-quarter earnings call took place last week. The company reported a small profit and pleased many investors. In fact, the report even led to the company’s stock being considered for induction into the S&P 500.
On the earnings call, the CEO had some spirited words to say about recent coronavirus lockdowns in the United States. In the midst of government orders hampering production in California, Musk clearly felt strongly about the issue. In the call he said, ” “The expansion of shelter-in-place, or as we call it, forcibly imprisoning people in their homes, against all their constitutional rights, is, in my opinion, breaking people’s freedoms in ways that are horrible and wrong, and not why people came to America and built this country. What the [expletive]!”
In the following days, Musk also took to Twitter with a flurry of unusual tweets. In one he shared the opinion that the Tesla stock price was too high. In another, he claimed to be selling all of his possessions stating, “I am selling almost all physical possessions. Will own no house.”
Tesla stock price is too high imo
— Elon Musk (@elonmusk) May 1, 2020
The cause of the tweets remains unclear. Some speculate Musk has been under high levels of stress. Others say he’s just having some fun and trolling. In any case, he’s certainly keeping the media’s eyes on his behavior and his companies.