Tesla saw its worst day in more than a month, shedding 5.5 percent Thursday a day after an earnings beat and bizarre call with analysts.
Shares closed at $284.45 after trading as low as $275.23.
The company’s earnings report on Wednesday showed a narrower-than-expected loss as Tesla continued to burn through cash but investors seemed to have weathered all of that just fine. The stock ticked up a few percent immediately following the report.
It wasn’t until the company’s earnings call during which CEO Elon Musk refused to answer what he called “boring bonehead questions” from analysts that shares tanked.
As of Thursday’s close, the stock is down nearly 9 percent on the year and more than 25 percent off its 52-week high.