Is Tesla facing a Wirecard moment? Dan McCrum, the journalist who exposed Wirecard's massive fraud, is now scrutinizing Tesla's financials. A reported 1.4 billion dollar discrepancy between capital expenditure and asset value increases raises serious questions. Even more perplexing, Tesla took on 6 billion dollars in debt last year despite sitting on a mountain of cash. Are these legitimate financial strategies or red flags indicating deeper issues? Considering the aggressive growth narrative Tesla has maintained, this warrants discussion. Could this be a case of aggressive accounting practices artificially inflating profits? What implications does this have for Tesla's long-term prospects? Where does Dan Ives, a long-time Tesla bull, stand on this issue now that he’s acknowledged the brand is in crisis? Let's unpack this.
Is Tesla facing a Wirecard moment? Dan McCrum, the journalist who exposed Wirecard's massive fraud, is now scrutinizing Tesla's financials. A reported 1.4 billion dollar discrepancy between capital expenditure and asset value increases raises serious questions. Even more perplexing, Tesla took on 6 billion dollars in debt last year despite sitting on a mountain of cash. Are these legitimate financial strategies or red flags indicating deeper issues? Considering the aggressive growth narrative Tesla has maintained, this warrants discussion. Could this be a case of aggressive accounting practices artificially inflating profits? What implications does this have for Tesla's long-term prospects? Where does Dan Ives, a long-time Tesla bull, stand on this issue now that he’s acknowledged the brand is in crisis? Let's unpack this.
- By allmaxh