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Tesla bizarre conference call

On Wednesday Tesla reported Q1 2018 earnings and re-affirmed that Model 3 production is on track to ramp to 5000 cars/week in about 2 months. Tesla said they are also on track to become profitable and cash flow positive in Q3 and Q4 this year. Overall, Tesla looks like they’re in great shape and on a cusp a very important turning point, specifically becoming a consistently profitable company.

However, the conference call turned awkward and bizarre as Elon cut of two analysts and refused to answer their questions since they were “dry” and “boring”. Elon then proceeded to take a series of questions from a YouTuber who was originally scheduled to ask one question. In a matter of minutes, the stock dropped over 10 points.

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Tesla ranks #5 in LinkedIn’s Top Companies List

Tesla ranked #5 in LinkedIn’s list of companies where professionals most want to work. Only four companies ranked higher: Amazon (#1), Google (#2), Facebook (#3), and Salesforce (#4).

Tesla doesn’t make small bets, one reason it attracted 500,000 job applicants in 2017. Last year, the company built the world’s biggest battery, while CEO Elon Musk announced plans for electric semis and the world’s fastest production car. Its challenge now is ramping up production of its mass-market Model 3 sedan. Such ambitions require an ever-growing team, from scientists to roofers. Tesla’s known for quick decision-making: Engineers can ship code “without eight layers of approval,” one former employee told LinkedIn. Global headcount: 37,000