re: Tesla is just months from a total collapse, says hedge-fund manager

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Shares in Tesla took a nosedive in after-hours trading today as Elon Musk cut off analysts during a first-quarter earnings call.

He dismissed a question about gross margins from Bernstein senior analyst Toni Sacconaghi as "boring."

Instead, Musk and other executives answered multiple questions from a Tesla enthusiast and Youtuber named Gali Russell.

The stock drop may have become apparent around the time when Musk cut off analysts on the call. However, the company's first-quarter update has also stoked concerns over Tesla's cash burn and how, exactly, it will improve margins while ramping Model 3 production.

In answering questions from Gali Russell, Musk also revealed that Model Y production is not expected to begin for another two years, and that the vehicle won't be produced at Tesla's main, Fremont, Calif. factory.

Musk said, "We will not be starting production of the Model Y at the end of next year. It's probably closer to 24 months from now, 2020...

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