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Reply to "Is $TSLA a buy here?"
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[quote=Anonymous]I recommend looking at tge FT expose of tesla accounting practices. It is not a smoking gun, but it suggests that there may be funny business going on. There is a huge discrepancy between the declared level of investment and the increase in capital stock. There is a also the question of why a company that purports to sit on so much cash - and generates positive cash flow - has been issuing so much expensive debt. I would not be at all surprised to learn that a company that has been run by a con man has been playing fast and loose with the accounting. I suspect that this will all come out in the coming weeks… But if I was a shareholder I would be sweating right now…[/quote]
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