Shulou(Shulou.com)11/24 Report--

On October 23, financial analyst and YouTube blogger Kevin Pavras revealed that in Tesla's bad earnings call, its CEO Elon Musk (Elon Musk) acted like a "baby" and almost cried!

Pavratepa has nearly 1.9 million subscribers on Meet Kevin YouTube and holds Tesla's shares. "it seems sad for a company leader to complain about the economic situation rather than come up with a plan to deal with it," he said.

Pavrat cited Musk's comments on Tesla's Mexican super factory as an example. Musk confirmed the plan, which could cost as much as $10 billion, at a meeting with investors in March. This will be Tesla's sixth super factory so far and the most expensive one.

At one point in a conference call, Mr Musk hinted that he would postpone the construction of the plant because of rising interest rates and higher borrowing costs. "if interest rates stay high or even higher, it will be more difficult for people to buy cars," he said. they simply can't afford to buy a car. " He also explained the impact of high interest rates on people repaying their monthly car payments.

But Mr Pavrat attacked Mr Musk's response, saying Tesla's chief executive was "scared" and suggested that Mr Musk should negotiate a better deal with the Mexican government or perhaps "advertise to high-income areas". Pavrat had previously called on Tesla to promote his products to non-fans.

"We need to know that the dawn is at the end of the tunnel, not to listen to the complaints of a CEO who doesn't really provide the way," he said. "

Tesla reported lower-than-expected third-quarter results and lower-than-expected earnings per share and revenue. The electric carmaker's share price has fallen 15 per cent in the past week, with its market capitalisation falling to $664 billion at one point, but it is still up 96 per cent so far this year.

Pavrat is not the only analyst who criticised Mr Musk's performance on a conference call. Dan Ives, an analyst at Wade Bush Securities, described it as a "mini disaster", with the "cautious Musk" focusing on high interest rates and lowering expectations for the Cybertruck of electric pickups.

Tesla did not respond to requests for comment outside normal working hours.

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