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.

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Prosecutors have responded to Alex Murdaugh’s allegations of jury tampering at his double murder trial stating that South Carolina investigators have found “significant factual disputes” with the claims. The South Carolina Attorney General’s Office filed the response on Friday moving to dismiss Murdaugh’s request for a new trial due to “procedural defect”. The filing, which came just under deadline on Friday afternoon, is the state’s first response to the allegations made in the defence’s bombshell motion last week. Murdaugh demanded a new trial after his legal team accused Colleton County Clerk of Court Rebecca Hill of pressuring jurors to return a guilty verdict. Prosecutors also said that they want Murdaugh’s defence team to show that they did not know about the alleged jury tampering during the murder trial. Ms Hill has not commented publicly on the allegations. The response from the state on Friday comes a day after a smiling Murdaugh appeared publicly for the first time since he was sentenced to life in prison for the murders of his wife Maggie and son Paul, this time to face a string of financial fraud charges. At the status hearing in Beaufort County, Judge Clifton Newman set the trial date for 27 November. The case will focus on the millions of dollars he stole from the family of his dead housekeeper Gloria Satterfield, part of the 101 state charges in response to his alleged financial crimes. Two former friends and alleged co-conspirators in the case also appeared in court on Thursday, former Palmetto State Bank CEO Russell Laffitte and former attorney Cory Fleming, the latter sentenced to 10 years in prison. Read More Smiling Alex Murdaugh appears in court in shackles as trial date set in financial fraud case Alex Murdaugh’s demand for new trial over jury tampering claims awaiting response as deadline looms – live

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