{"id":7696,"date":"2018-05-07T15:56:40","date_gmt":"2018-05-07T21:56:40","guid":{"rendered":"http:\/\/richyrocks.com\/?p=7696"},"modified":"2024-01-10T01:39:55","modified_gmt":"2024-01-10T07:39:55","slug":"elon-musk-conference-call","status":"publish","type":"post","link":"https:\/\/richyrocks.com\/coolenglish\/elon-musk-conference-call\/","title":{"rendered":"elon musk’s awkward conference call with bonehead shareholders"},"content":{"rendered":"

\"elon-musk-with-tesla-vocabulario-en-ingl\u00e9s-found-net-worth-tie\"<\/strong><\/p>\n

elon musk<\/strong> is one of the most important entrepreneurs<\/em><\/a> in the world. his companies are leading the way into the future. he has 21 million followers on twitter. \u00a0but when i mentioned him in class a few days ago, i got the idea that he is not very well known in mexico.\u00a0 coincidentally, he was in the news last week for comments he made to shareholders<\/em><\/strong> (partial owner, investor) in his role as the ceo of tesla<\/strong>, an electric car producer.<\/p>\n

\"elon<\/a><\/strong><\/p>\n

elon musk (forbes)<\/strong><\/em><\/h5>\n

an article<\/a> for\u00a0money<\/strong>\u00a0by brad tuttle\u00a0<\/strong>had this headline<\/p>\n

Elon Musk Got Bored<\/em> and Snippy<\/em> on a Conference Call and It Cost Him Nearly $1 Billion<\/h2>\n

get<\/strong><\/em> in the phrase get bored<\/strong><\/em> indicates a transformation from not bored to bored<\/em>. snippy<\/em><\/strong> means condescending<\/em>. disdainful<\/a>.<\/em> but why would this attitude cost musk so much money? tuttle explains<\/p>\n

like\u00a0many billionaire entrepreneurs, elon musk\u2019s net worth<\/a><\/em>\u00a0is tied<\/em> directly to the stock<\/em> price of the company he founded<\/em> and oversees. musk\u2019s wealth<\/em> rises when tesla shares<\/em> soar<\/em>, and it plummets<\/em> when tesla shares<\/em> tank<\/em>.<\/h4>\n

🙂<\/span><\/span>\u00a0subscribe to richyrocks english on youtube<\/a><\/h4>\n

entrepreneurs<\/strong><\/em> invest in and take on the risks of starting new companies<\/em>. net worth<\/strong><\/em> is how wealthy a person is<\/em>. \u00a0wealth <\/strong><\/em><\/a>is the\u00a0money and property a person owns. tie\u00a0<\/strong><\/em>in this context is connected. stock<\/strong>\u00a0<\/em>is ownership<\/a> in a company<\/em>. shares<\/em><\/strong> are the individual units of stock<\/em>. found<\/em><\/strong> means create<\/em>. soar<\/em><\/strong> means fly<\/em> or increase quickly<\/em>. plummet<\/strong> <\/em><\/a>is the opposite–fall rapidly<\/em>. tank<\/strong> <\/em>means fail<\/em>.<\/p>\n

\"elon<\/a><\/p>\n

elon musk’s <\/em>net worth<\/span><\/em>\u00a0is\u00a0<\/em>tied to<\/span><\/em>\u00a0tesla, but he is also ceo of a few other companies he has\u00a0<\/em>founded<\/span><\/em>.<\/em><\/h5>\n

jackie wattles’<\/strong> article for cnn tech<\/strong> says<\/a><\/p>\n

musk is known for his quirks<\/em>, but investors appeared to be put<\/em> off.<\/h4>\n

quirks<\/strong><\/em> <\/a>are eccentricities<\/em>, peculiarities<\/em>. the phrasal verb \u00a0put off<\/strong><\/em>is a phrasal verb<\/strong> that\u00a0means angry<\/em>, offended<\/em>.<\/p>\n

\"santa<\/a><\/p>\n

santa clarita diet<\/strong> is a\u00a0<\/em>quirky<\/span><\/em>, violent comedy series on netflix.<\/em><\/h5>\n

why were they put off<\/em>? matt egan<\/strong> on cnn money<\/strong> reported<\/a> that<\/p>\n

musk slammed<\/em> one analyst for asking “boring, bonehead<\/em> questions” and quickly shut down<\/em> another for asking about the model 3<\/em>.<\/h4>\n

slam<\/strong><\/em><\/a> means insult<\/em>. bonehead<\/strong><\/em> is similar to\u00a0dumb <\/em>or idiot<\/em>. shut down<\/em><\/strong> means musk stopped<\/em> the question about the model 3,<\/strong> which is a car that tesla produces.<\/p>\n

\"bonehead,<\/a><\/p>\n

on money.com, tuttle reported that musk…<\/p>\n

said bluntly<\/em> that investors who are uneasy<\/em> about volatility should steer clear<\/em> of tesla stock<\/em>. \u00a0investors aren\u2019t necessarily scared off<\/em> just because a powerful executive was rude<\/em>\u2014but they may be concerned about musk\u2019s cavalier<\/em> attitude<\/h4>\n

bluntly<\/strong><\/em><\/a> is directly<\/em>. uneasy<\/strong><\/em>\u00a0means nervous.<\/em> steer clear<\/em><\/strong> means avoid,<\/em>\u00a0stay away from<\/em>. scare off<\/strong><\/em> means scare enough to make them leave<\/em>. rude<\/strong><\/em> is not nice<\/em>, bad-mannered<\/em>. cavalier<\/strong><\/em> is indifferent<\/em>, casual<\/em>.<\/p>\n

\"lebron's<\/a><\/p>\n

especially once<\/a> the playoffs start, lebron<\/a> doesn’t take a\u00a0<\/em>cavalier<\/span><\/em>\u00a0attitude towards winning. (ap photo\/tony dejak)<\/em><\/h5>\n

the reaction to musk’s blunt<\/em> remarks<\/a> was immediate and significant…<\/p>\n

a large portion of investors apparently have taken musk\u2019s comments to heart<\/em>, leading to a huge<\/em> selloff<\/em> in the aftermath<\/em> of the conference call. not long after the market opened on thursday, tesla shares<\/em> were down more than 8%.<\/h4>\n

take to heart<\/em><\/strong><\/a> means investors reacted emotionally<\/em> to musk’s comments. \u00a0selloff<\/em><\/strong> means the investors sold the stock in serious quantities<\/em>. huge<\/strong><\/em> means it was really big<\/em>. aftermath<\/strong><\/em><\/a> refers to the consequences of a crisis<\/em>.<\/p>\n

\"a<\/a><\/p>\n

damn! that watermelon is\u00a0<\/em>huge<\/span><\/em>. (amazon.com)<\/em><\/h5>\n

matt egan’s story \u00a0on cnn money<\/strong> anticipated additional issues. the headline read<\/p>\n

Elon Musk picked<\/em> a bad time to burn bridges<\/em> on Wall Street<\/h2>\n

and egan elaborated<\/p>\n

the timing<\/em> for musk’s antics<\/em> couldn’t be worse. many analysts believe tesla will turn to<\/em> wall street for more cash because it burned through<\/em> so much trying to make the model 3, which is supposed to be<\/em> its first mass-market electric car<\/h4>\n

pick<\/strong><\/em><\/a>\u00a0means select<\/em>. burn bridges<\/em><\/strong><\/a> means damage a relationship beyond repair<\/em>.\u00a0timing<\/em><\/strong> <\/a>refers to the moment that musk’s actions happened. antics<\/em><\/strong> are crazy actions<\/em>.\u00a0turn to<\/strong><\/em> means ask for support or help<\/em>. burn through<\/em><\/strong>\u00a0is a phrasal verb that means spend quickly<\/em>. supposed to<\/a>\u00a0<\/em><\/strong>means should<\/em> or assumed<\/em>.<\/p>\n

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\u00a0\"the<\/a><\/div>\n
tesla model 3<\/em><\/h5>\n
musk has offered a contrite<\/strong><\/em> (apologetic<\/a>) response. on the reuters<\/strong> website\u00a0supantha mukherjee<\/strong> and arjun panchada<\/strong> wrote<\/a><\/div>\n
<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

elon musk acknowledged<\/em> on friday that it was \u201cfoolish\u201d of him to snub<\/em> analysts on a conference call<\/h4>\n

acknowledge<\/strong><\/em><\/a> means admit<\/em>. foolish<\/em><\/strong> is stupid<\/em>.\u00a0snub<\/em><\/strong><\/a> means ignore<\/em>.<\/p>\n

\"elon<\/a><\/strong><\/p>\n

musk\u00a0<\/strong><\/em>acknowledged<\/span><\/em>\u00a0he\u00a0<\/strong><\/em>should have answered<\/span><\/em>\u00a0the questions\u00a0<\/strong><\/em>shareholders<\/span><\/em>\u00a0had.\u00a0(joe skipper\/reuters)<\/strong><\/em><\/h5>\n

and musk showed at least symbolic regret by tweeting in the\u00a03rd conditional<\/strong> (modal auxiliary [should<\/em> in this case] + have + past participle [answered<\/em> in this case])<\/p>\n

\n

True. And once they were on the call, I should have answered their questions live. It was foolish of me to ignore them.<\/p>\n

— Elon Musk (@elonmusk) May 4, 2018<\/a><\/p><\/blockquote>\n