Tesla’s (TSLA) accounting practices are raising red flags as a new report from the Financial Times shows that $1.4 billion is missing.
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The report also points to other red flags, like Tesla claiming to sit on $37 billion in cash and yet it raised $6 billion in new debt last year.
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Finally, the FT report also points to Tesla not offering share buyback or dividend despite claiming a $15 billion operating cash flow last year, higher than its CAPEX. This is rare for large companies and puts Tesla in a very small club that includes other companies like Temu.
Tesla can commit fraud hand over fist and nothing will be done in the U.S. because Ketamine Karen has a junior ownwership position on the Felon (Vladdie is the senior owner). But Tesla is in other countries and they may take less of a Captain Renault view of Tesla's financial fuckery.
Maybe this is why trump wants to invade Canada and blow up the EU: protecting Musk and the other billionaires from overseas fraud investigations.
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