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>> It was all going just fine. Despite posting the biggest quarterly loss ever, Tesla investors were willing to give the electric car company the benefit of the doubt. But then Elon Musk started talking, and the stocks started tanking. Shares dropping nearly 7% Thursday and taking $3.5 billion in market value with them.
The iconoclastic CEO, who has at times raised eyebrows for speaking off the cuff. Started cutting analysts off during Wednesday's after markets earnings call.>> Will you be in terms of->> Excuse me.>> Capital requirements?>> Next, next. Boring, bonehead questions are not cool. Next.>> Reuters correspondent Alexandria Sage was listening, and says Musk initially encouraged lots of questions.
>> But then when one analyst from Bernstein tried to broach the subject of a capital raise. And what kind of requirements that Tesla might need, Elon cut off his question. He then went to another question, one about reservations for the Model 3, and again, he did not engage.
>> We're going to go to YouTube. Sorry, these questions are so dry. They're killing me.>> Musk then went on to take several relatively friendly questions from the host of HyperChange TV. A YouTube channel focused on investing.>> I think that the market sensed a glibness in Musk that was not appreciated.
Certainly these are legitimate questions that people have.>> Tesla faces a crucial time in its 15 year history. With the company under the gun to show it can efficiently and profitably build his first vehicle intended for the masses, the Model 3. Bottlenecks in production have caused delays in delivery for fans who ordered them in advance.
Although Tesla said Wednesday that it produced 2,270 Model 3s a week in April, and is expecting to double that in the coming months. But Musk's behavior on the call comes as investors have been on edge. And the stock has dropped over 20% from a high hit in September.