&gt;<i>the UBS guy asked Elon where their battery costs would be by the time the Model 3 launches, and Elon said he felt was proprietary.</i><p>What is &quot;proprietary&quot; about it?  Previous plans and costing were based on the Gigafactory being able to achieve scale by 2020.  That production is being bumped forward two years, so what effect will it have on costs?  Why would we assume they can suddenly get the same savings in less time?  It&#x27;s a good question from an investor&#x27;s perspective.<p>&gt;<i>Musk politely answered a whole series of questions from this and other analysts</i><p>Yeah, he loves answering Adam Jonas.  Many of these guys are practically shills.  Some of their questions are embarrassing.<p>&gt;<i>You&#x27;re not gonna trick Elon Musk into giving you more data by asking the question a different way.</i><p>Here&#x27;s the thing HN doesn&#x27;t seem to get:  this is a <i>public</i> company.  People have the right to ask questions.  In fact, <i>more</i> questions should be asked of companies like this, that are losing vast sums of money yet have sky-high valuations.  That&#x27;s the difference between genuinely curious people and those who are willing to take what the CEO says at his word, for everything.<p>Watch for an equity offering soon, something else that we were told wouldn&#x27;t happen.