>> A mea culpa from the brash and outlandish Tesla CEO, Elon Musk. The unpredictable head of the electric car company on Friday said is was quote foolish of him to mistreat analysts on a conference call earlier this week. His erratic behavior cost the company billions in stock market wealth before shares turned modestly higher Friday.
This all started when the iconoclastic CEO, who has at times raised eyebrows for speaking off the cuff, started cutting analysts off during Wednesday's after market earnings call.>> Will you be, in terms of
] capital requirements?>> Next, next. Boring, bonehead questions are not cool, next. Reuters' correspondent Alexandria Sage was listening.
>> I think that the market sensed a glibness in Musk that was not appreciated. Certainly, these are legitimate questions that people have.>> We're gonna go to YouTube. Sorry, these questions are so dry. They're killing me.>> Tesla has been burning through cash as it tries to bring the more affordable priced Model 3 to the masses.
But persistent bottlenecks in production have caused consistent delays in meeting internal delivery targets. This is not the first time Musk has come under fire. Most recently, on April Fool's Day, he tweeted out a joke about the company going bankrupt. That didn't go over well with nervous investors. Despite his latest admission of going too far, some on Wall Street still wonder if the widely perceived genius lacks the temperament to lead his money-losing company.