On Monday, Elon Musk dropped a bombshell. He noted he would no longer be the default to lead the earnings calls. Instead, he will do the annual shareholders meeting and only attend the earnings calls if there is something important he needs to say.
A shareholder asked a question to Musk if he was going to do more interviews with YouTubers. Musk noted there is only so much time in a day, and if he is doing interviews, he can’t be doing other work. He then expanded and dropped a line mentioned above.
Musk is a central figure to these calls and is known to go on rants or provide unprovoked announcements. In 2018, Musk noted that analyst questions were so dull and dry that the team was going on YouTube. While back in April, he ranted about fascist shutdown orders of Tesla plants.
It is not clear what prompted this announcement from Musk. However, if he does not choose to join in on the calls, they no longer are a must-watch event for EV enthusiasts.