Tesla’s Elon Musk Defends ‘Bonehead’ Remark, Says He Should Have Answered Analysts’ Questions

The Tesla CEO said some of the analysts represented people betting against his company but conceded it was ‘foolish’ not to answer them

Tesla Inc. Chief Executive Elon Musk defended his dismissive treatment of Wall Street analysts earlier in the week, saying they represented people betting against the Silicon Valley electric-car maker while also conceding it was “foolish” not to answer them.

The response came early Friday in a Twitter post, one day after the Palo Alto, Calif., company’s shares dropped almost 6%. The fall in the stock price followed Mr. Musk’s performance Wednesday on a public, after-hours conference call with financial analysts to discuss...