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- Tesla made a recording of a conference call with reporters available on its website Wednesday after CEO Elon Musk said the automaker’s handling of the call "was a mistake."
- During the February 28 call, Musk changed a prediction about Tesla‘s profitability in the first quarter of this year.
- Tesla shareholder Galileo Russell tweeted at Musk on Tuesday, saying he was frustrated by Tesla’s failure to allow shareholders to listen to the call or read a transcript of it.
- Musk replied that Tesla’s handling of the call "was a mistake."
Tesla made a recording of a conference call with reporters available on its website Wednesday after CEO Elon Musk said the automaker’s handling of the call "was a mistake."
During the February 28 call, Musk discussed the arrival of the long-awaited $35,000 version of the automaker’s Model 3 sedan and changed a prediction about Tesla’s profitability in the first quarter of this year.
Read more: Elon Musk doubled down on his goal to make a Tesla that’s less expensive than the Model 3
Musk said in January that he was "optimistic" Tesla would earn a small profit during the first quarter, but changed that prediction on the February 28 call, saying Tesla would likely not be profitable during the first quarter.
Tesla shareholder Galileo Russell tweeted at Musk on Tuesday, saying he was frustrated by Tesla’s failure to allow shareholders to listen to the call or read a transcript of it.
"yo @Tesla & @elonmusk why was there a press call about the $35K model 3 that was closed to the public (and shareholders!!) w/ no transcript released. super frustrating for long-term supporters. completely goes against democratization of information and financial markets," Russell said.
Musk replied that Tesla’s handling of the call "was a mistake."
"Tesla comms is fixing. That was a mistake," Musk said.
Tesla did not immediately respond to Business Insider’s request for comment.
Have a Tesla news tip? Contact this reporter at mmatousek@businessinsider.com.
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See Also:
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- Elon Musk doubled down on his goal to make a Tesla that’s less expensive than the Model 3
- Tesla will unveil the Model Y this month — here’s everything we know about the vehicle so far
SEE ALSO: Mercedes-Benz is taking on an idea Elon Musk mentioned 3 years ago with its new electric van concept
Source: Business Insider – mmatousek@businessinsider.com (Mark Matousek)