Elon Musk says his Twitter misadventure has only helped Tesla. Wall Street isn't so sure.

• Elon Musk said on Wednesday that his tweets are good marketing for Tesla.

• Wall Street analysts feel otherwise: They're bullish on Tesla, but think Musk is too distracted.

• Musk's tweets have gotten him in trouble with shareholders and the courts.

Elon Musk made a much-awaited appearance at Tesla's fourth quarter earnings call on Wednesday, after the closing bell.

True to form, the CEO tweeted from the earnings call in real time, even as he doled out favorable stats on the current state of the company that sought to put to rest the notion that demand for Tesla's cars is flagging: the January order rate is nearly twice the rate of production, Musk said, and the company expects to deliver 1.8 million vehicles by the end of the year.

The other Tesla execs showered investors with as many upsides as possible to counteract the negative press surrounding Musk, the carmaker's Technoking. Yet still an analyst wanted to know how the new owner of Twitter was going to mitigate the brand damage brought on by his loose fingers. Musk's response was to mention his 127 million followers on the platform as a sign that he is, in his own words, "reasonably popular" and that "Twitter is an incredibly powerful tool for driving demand for Tesla."

"And I would really encourage companies out there of all kinds, automotive or otherwise, to make more use of Twitter," he added. "The net value of Twitter, apart from a few people complaining, is gigantic, obviously."

To some degree, the attempt to smooth things over worked, with a number of Wall Street analysts issuing buy ratings on Tesla following the earnings call. Tesla's stock rose over 10% on its fourth quarter earnings results. Investors are momentarily at ease but still cautious of the uncertainty surrounding the economy and, of course, what Tesla's CEO will do next.

But they also want it to be known that they're not buying into Musk's spin on his Twitter escapades.

Wall Street is bullish on Tesla, but bearish on Musk

Tesla's $24.3 billion in revenues for the fourth quarter outperformed Wall Street's estimates of $24.2 billion. Another upside was the earnings per share of $1.19, which beat the Street's estimates of $1.13. Tesla took hits on its margins due in part to the price cuts it performed on its vehicle lineup, and from the expansion of its Nevada factories.