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Tesla's Elon Musk calls coronavirus lockdowns 'fascist'

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His remarks overshadowed an otherwise successful quarter that took many investors by surprise Akanksha Rana and Tina Bellon April 29 (Reuters) - Tesla Inc's outspoken CEO Elon Musk on Wednesday called sweeping U.S.

stay-at-home restrictions to curtail the coronavirus outbreak "fascist" as the electric carmaker posted its third quarterly profit in a row.

His remarks overshadowed an otherwise successful quarter that took many investors by surprise as automaker peers were hit by a slump in consumer demand and forced factory shutdowns.

Shares of the company were up 8.8% at $871 in extended trade. Tesla's profitable quarter comes just a day after Detroit-based rival Ford Motor Co reported a $2 billion first-quarter loss and forecast losing

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