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Message Subject Breaking: SEC charges Tesla CEO Elon Musk with fraud!
Poster Handle Movalong
Post Content
Tesla's quarterly net income and loss chart:

[link to www.zerohedge.com (secure)]

"As I’ve studied Tesla more closely, I’ve come to realize that Elon Musk appears to be running a Ponzi Scheme disguised as an auto-manufacturer; where he has to keep unveiling new products, many of which will never come to market, in order to raise new capital (equity/debt/customer deposits) to keep the scheme alive."

"It now increasingly seems that everything he’s done for the past few years was simply designed to keep the share price up, keep the dream alive and raise more capital - as opposed to creating shareholder value."

"Besides, Elon Musk isn’t even all that innovative. Hitler already tried this same automotive customer deposit scam 80 years ago."


[link to www.zerohedge.com (secure)]

"According to a recent analyst report, there have been 85 SEC requests for additional information and disclosures in the last 5 years. This compares to Ford Motor Company’s total of zero over the same time frame. This means that Tesla is pushing many, many boundaries."

"As a reality check, Tesla is worth twice as much as Ford, yet Ford made 6 million cars last year at a $7.6 billion profit while Tesla made 100,000 cars at a $2 billion loss."


[link to www.zerohedge.com (secure)]
 
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