So this happened:
Quote:
Musk says analyst has 'rude awakening' coming after bearish call, Bloomberg says
11:26 EDT Tesla CEO Elon Musk sent employees an email in response to a prediction by a Goldman Sachs analyst David Tamberrino that the company's Model 3 production will miss estimates this quarter, stating in the email that the analyst is in for a "rude awakening," Bloomberg reports, citing the email. Musk also shared a link to a CNBC story which reported that Goldman expected the company to deliver 22,000 Model 3s in the three months ending June, short of what Tamberrino said was an analyst consensus of 28,000
What is the point of this? A few options I can see:
1. Musk is insane and feels personally slighted when people don't believe in him
2. Musk is desperate to keep the stock elevated and sees the need to counter negative views to stop it from sliding and keep his lage cult following believing in him
3. Musk believes in what he's doing and wants the "I told you so" when he succeeds
4. ...........?
I don't think I've seen such behavior from a non-scam CEO. Why on Earth would anyone who's about to hit a production target do this? You let the numbers speak for themselves, they're mere days away, and besides, you're far too busy getting production done and dealing with being a CEO of three companies to be reading and writing email responses to negative analysts...right?