Does he not want to answer such a basic financial question because he is more concerned with conceptual matters, or was he changing the subject because Tesla's financial results were so brutally bad in the first quarter? Tesla’s quarter was terrible from a financial perspective, as I had expected. So, from a financial perspective, Tesla is a zombie company. It's actually been a slow burn for Tesla shares, not a plummet, but that can be just as painful. Performances like Musk's on last night's conference call will make it increasingly difficult for institutions to hold Tesla shares, and that augurs more declines in Tesla's share price.

Source: Forbes May 03, 2018 15:50 UTC