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‘Little baby’ Elon Musk had meltdown on Tesla earnings call, analyst claims
‘Little baby’ Elon Musk had meltdown on Tesla earnings call, analyst claims
Elon Musk has been accused of acting like “a little baby” and being “almost in tears” during an earnings call in which the billionaire struck a pessimistic tone about the economy. The Tesla CEO’s behaviour on the third-quarter earnings call was slammed as “terrible” by financial analyst Kevin Paffrath and the electric automaker’s stock price dropped 15 per cent in the two days following it. “For a leader to cry about the economy rather than funnelling that and coming up with a plan is pathetic,” Mr Paffrath, who owns Tesla stock, told Yahoo Finance. And he added: “We need to know the light is at the end of the tunnel rather than hearing a complaining CEO who’s not actually providing that path.” Tesla reported weaker-than-expected third-quarter results, with both earnings per share and revenue of $23.35bn falling short of analysts’ estimates, according to Yahoo Finance. But despite the issues as of Friday, the company’s share price was up 96 per cent year-to-date. Mr Paffrath, a YouTuber with 1.9 million followers, was not the only analyst to criticise Mr Musk’s performance. Wedbush Securities analyst Dan Ives described the call as a “mini disaster” during which a “cautious” Mr Musk downplayed expectations for the Cybertruck and focused on high interest rates. “We dug our own grave with Cybertruck” Mr Musk said on the call, calling it a “great product” but also said he wanted to “temper expectations” for the long-awaited pickup truck. “Demand is off the charts. We have over 1 million people who have reserved the car, so it’s not a demand issue,” he said. “But we have to make it, and we need to make it a price that people can afford, insanely difficult things.” The Independent has reached out to Tesla for comment.
2023-10-25 21:57
District attorney drops at least 30 cases that involved officers charged in death of Tyre Nichols
District attorney drops at least 30 cases that involved officers charged in death of Tyre Nichols
A district attorney in Tennessee has said his office has dropped 30 to 40 cases involving the five former officers who have been charged with second-degree murder in the January beating death of Tyre Nichols
2023-08-18 05:27
'Fox & Friends' host Brian Kilmeade calls Donald Trump's indictment the 'only hope' for Joe Biden in 2024 Presidential Election
'Fox & Friends' host Brian Kilmeade calls Donald Trump's indictment the 'only hope' for Joe Biden in 2024 Presidential Election
Brian Kilmeade suggested that Donald Trump was having quite successful campaigning so far amid rallies around the US
2023-09-07 13:23
Who is Zarrius Hildabrand? Husband charged with murder and evidence tampering after killing his newlywed wife
Who is Zarrius Hildabrand? Husband charged with murder and evidence tampering after killing his newlywed wife
A resident in the neighborhood told investigators that on Sunday at 2.45 am, he heard a nearby gunshot
2023-08-13 07:16
Wildfires across Algeria have killed 25 people, including 10 soldiers who were battling the flames
Wildfires across Algeria have killed 25 people, including 10 soldiers who were battling the flames
The Algerian government says wildfires raging across the country have killed 25 people and injured about 50
2023-07-25 09:51
Who owns Knightscope? NYPD rents security robot for '$9 per hour' to patrol Times Square subway station
Who owns Knightscope? NYPD rents security robot for '$9 per hour' to patrol Times Square subway station
NYPD has deployed the surveillance robot to monitor the Times Square subway station over the holidays
2023-09-24 19:26
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
White House officials concerned about AI chatbots' potential for societal harm and the Silicon Valley powerhouses rushing them to market are heavily invested in a three-day competition ending Sunday at the DefCon hacker convention in Las Vegas
2023-08-13 22:26
Putin deliberately attacked Ukrainian civilians in Kharkiv missile strike, says Zelensky
Putin deliberately attacked Ukrainian civilians in Kharkiv missile strike, says Zelensky
Vladimir Putin’s missile attack on a cafe and grocery store in northeastern Ukraine that led to 51 deaths, six injuries and three people left missing was “no blind strike”, said president Volodymyr Zelensky. The strike is the deadliest in the Kharkiv region since Mr Putin’s Ukraine invasion and also among the biggest civilian death tolls in any single Russian missile attack, especially after January this year. The missile strike occurred on Thursday afternoon in Kharkiv’s Hroza village where dozens had gathered to mourn a fallen Ukraine soldier, officials said. “A deliberate missile strike on a village in Kharkiv region on an ordinary store and cafe,” Mr Zelensky said in his nightly video address on Thursday. “Russian troops could not have been unaware of where they were hitting. This was no blind strike,” he said after attending a summit of the European Political Community in Spain. Mr Zelensky said a six-year-old boy was among the dead. According to regional officials, families had remained in the village despite a war-time order to evacuate. The site of the attack showed large piles of bricks, shattered metal and building materials strewn around the cafe and shop struck by a Russian missile. The attack was likely carried out with an Iskander ballistic missile, a Ukrainian minister said, citing preliminary information. Bodies of the dead were laid out in a field next to a children’s playground as rescue workers were seen making their way and sifting through mounds of debris from the attack. Regional police investigator Serhiy Bolvinov said they will use DNA laboratories to identify the bodies as they have found only bits and pieces and remains of the bodies. Officials said the Russian missile hit a service marking a reburial in his home village of a soldier who had died in action elsewhere. The son of the soldier was also killed in the attack, along with his wife and mother, prosecutors told public broadcaster Suspilne. “There were only civilians. The boy was from this village. When he died, we were under occupation. The (family) decided to rebury him, to bring him home,” said resident Oleksandr Mukhovatyi. “Then this happened. Someone betrayed us. The attack was precise, it all landed in the coffee shop.” He said his mother, brother and sister-in-law were among the dead. Local officials were sitting down for a meal when the missile struck, interior minister Ihor Klymenko said. “From every family, from every household, there were people present at this commemoration. This is a terrible tragedy,” he told Ukrainian television. Defence minister Rustem Umerov said the strike was clearly targeted and Ukrainian security services had launched an investigation into the matter. “The terrorists deliberately carried out the attack during lunchtime, to ensure a maximum number of casualties,” he said. “There were no military targets there. This is a heinous crime intended to scare Ukrainians.” Russia has not issued a comment on the attack in Hroza. It has denied deliberately targeting civilians, but many have been killed in attacks that have hit residential areas as well as energy, defence, port, grain and other facilities. Read More Ukraine-Russia war – live: Deadly Russian attack on memorial service was no blind strike, says Zelensky White House condemns ‘horrifying’ Russian attack on grocery store in Ukraine Russian missile strike kills more than 50 Ukrainians gathered for wake – in deadliest such attack in months Nearly 50 European leaders stress support for Ukraine at a summit in Spain. Zelenskyy seeks more aid Russia has tested a nuclear-powered missile and could revoke a global atomic test ban, Putin says
2023-10-06 12:16
Fresno in California becomes only second US city to ban caste discrimination
Fresno in California becomes only second US city to ban caste discrimination
By Kanishka Singh Fresno, California, became only the second U.S. city to ban caste discrimination after a unanimous
2023-09-30 10:26
Covid Kills One Person Every Four Minutes as Vaccine Rates Fall
Covid Kills One Person Every Four Minutes as Vaccine Rates Fall
After more than three years, the global Covid emergency is officially over. Yet it’s still killing at least
2023-05-24 10:47
Long a city that embraced cars, Paris is seeing a new kind of road rage: Bike-lane traffic jams
Long a city that embraced cars, Paris is seeing a new kind of road rage: Bike-lane traffic jams
Paris is a city where motor vehicles have long been king
2023-09-28 11:21
'Empty words': Cher slammed for not helping Britney Spears despite 'not liking' her conservatorship
'Empty words': Cher slammed for not helping Britney Spears despite 'not liking' her conservatorship
Cher admits of knowing 'something was really not right' regarding Britney Spears' conservatorship
2023-10-21 20:56