Elon Musk goes on Twitter to defend his weird earnings call behavior

Daimler advanced technology trucks at the ACTExpo

Tesla Chief Executive Elon Musk on Wednesday raised eyebrows by cutting off analysts' questions about capital requirements after the company reported a record loss for the first quarter.

Musk said the underlying software technology will be ready by the end of next year, but still has a way to go, according to a transcript of the call.

Musk believes the two analysis he rebuked - RBC Capital Markets' Joseph Spak and Bernstein's Toni Sacconaghi - were asking questions created to stoke a short-selling frenzy.

His actions had immediate consequences.

Musk later called media stories questioning the safety of autonomy "outrageous". But following Musk's comments to his 21.6 million followers on Twitter, the shares have started to recover: up about 1.3 percent in Friday morning trading. Sacconaghi said the response he got from Musk could be a worrying sign. "They are actually on the opposite side of investors", Musk tweeted earlier Friday.

As for whether this is the last of Musk's odd behavior, that seems unlikely. First of all, even though short sellers take the position that a stock is headed lower, by most definitions, they are "investors".

Musk then gives several reasons for his unusual outbursts during the call, explaining the two people who asked questions weren't investors but analysts who "represent a short seller thesis", or people who back a strategy that bets against Tesla.

Musk himself acknowledged during Wednesday's call that Tesla stock isn't for the faint of heart.

"The reason the Bernstein question about CapEx was boneheaded was that it had already been answered in the headline of the Q1 newsletter he received beforehand, along with details in the body of the letter", Musk said in a follow-up tweet. Tesla has burned through billions in cash as it battles to hit production targets for the Model 3, the vehicle the company is counting on to crack the broader auto market. "Even after reaching 5k/week production, it would take 2 years just to satisfy existing demand even if new sales dropped to 0".

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