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UpInArms

(52,619 posts)
Thu Mar 20, 2025, 03:57 AM Mar 20

Tesla (TSLA) accounting raises red flags as report shows $1.4 billion missing

Source: Electrek

Tesla’s (TSLA) accounting practices are raising red flags as a new report from the Financial Times shows that $1.4 billion is missing.

Many Tesla shorts and detractors have questioned Tesla’s accounting for years, but they have never gained much traction – until now.

Today, the Financial Times has released a new report pointing to a $1.4 billion gap in assets:

Compare Tesla’s capital expenditure in the last six months of 2024 to its valuation of the assets that money was spent on, and $1.4bn appears to have gone astray.

The article points out that Tesla reports having spent $6.3 billion on “purchases of property and equipment excluding finance leases, net of sales” in the second half of 2024, while property, plant, and equipment rose by only $4.9 billion in that period.

Read more: https://electrek.co/2025/03/19/tesla-tsla-accounting-raises-red-flags-as-report-shows-1-4-billion-missing/



Here is a link to the financial times article

https://archive.ph/CroSy

Compare Tesla’s capital expenditure in the last six months of 2024 to its valuation of the assets that money was spent on, and $1.4bn appears to have gone astray.

The sum is big enough to matter even at Tesla, and comes at a moment when attention is returning to the group’s underlying numbers, now that its fully diluted stock market valuation has crashed from $1.7tn to below $800bn.

A closer look at Tesla’s cash flow statement may also prompt investors to ask other questions, such as why a business with a $37bn cash pile raised $6bn of new debt last year?
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Tesla (TSLA) accounting raises red flags as report shows $1.4 billion missing (Original Post) UpInArms Mar 20 OP
If you were wonderin why Trusk is so gung-ho to declare itself the absolute rulers of the SEC AZJonnie Mar 20 #1
Maybe DOGE can look into this Americanme Mar 20 #2
I remember when they were going through CFO's like moniss Mar 20 #3
Buying an election BidenRocks Mar 20 #4
Bingo! Lonestarblue Mar 20 #33
Recommended and kicked. Mike 03 Mar 20 #5
Snicker JustAnotherGen Mar 20 #6
If it turns out to be Elon liberal N proud Mar 20 #7
Even if it wasn't Elon durablend Mar 20 #17
THIS!!! calimary Mar 20 #24
Hoping this report pushes the stock price down kkmarie Mar 20 #8
Here's its stock ticker UpInArms Mar 20 #9
The 1 year chart is interesting too Unwind Your Mind Mar 20 #16
Lot of profit taking in january, February. Mosby Mar 20 #30
How much will Trump and Musk steal from the American people? Irish_Dem Mar 20 #10
Same accounting being used by Musk in his DOGE savings and how he steals. sinkingfeeling Mar 20 #11
"Xjr" needs a new pair of shoes. dchill Mar 20 #12
Lutnick running around hair on fire trying to save Tesla Prairie Gates Mar 20 #13
this guy is running the US - will the country survive? samsingh Mar 20 #14
Uh, oh. Is Tesla just Elon's slush find? Martin68 Mar 20 #15
Sounds like Musk is using Tesla as his personal piggy bank. patphil Mar 20 #18
and he bought an American president Skittles Mar 21 #38
Q1 financials due by May 12th...... Bengus81 Mar 20 #19
Oooopsie! eom Exp Mar 20 #20
Did he learn how to COOK books from the other President? KS Toronado Mar 20 #21
"How to Serve Man", markodochartaigh Mar 20 #31
I would be that $1.4 Billion Quanto Magnus Mar 20 #22
THIS!!! calimary Mar 20 #25
Trumpian-level corporate fraud! Grins Mar 20 #23
This will be fun to watch LetMyPeopleVote Mar 20 #26
This is shocking, NOT! HeartsCanHope Mar 20 #27
So now we know why Musk embedded himself into the Trump administration jmowreader Mar 20 #28
Wow,and he's supposed to be so damn smart.. BattleRow Mar 20 #29
It's the free market, NapoElon! Suck it up! Otterdaemmerung Mar 20 #32
This ridiculous poc HAD 32 investigations with 11 different agencies and tazcat Mar 20 #34
So that's how he pays for his drug addiction... lol /nt artemisia1 Mar 20 #35
Maybe his name is Enron, not Elon. marmar Mar 20 #36
Maybe we need to check into the orange turds private bank accounts? kimbutgar Mar 20 #37
Better check... 2naSalit Mar 21 #39

AZJonnie

(704 posts)
1. If you were wonderin why Trusk is so gung-ho to declare itself the absolute rulers of the SEC
Thu Mar 20, 2025, 04:32 AM
Mar 20

and all the other independent regulatory agencies, and that 'The Law' on all matters is whatever it says it is ... here is Exhibit A. Or maybe it's like Exhibit P at this point if one knew of all the other scams Trusk know about between them.

moniss

(7,068 posts)
3. I remember when they were going through CFO's like
Thu Mar 20, 2025, 05:19 AM
Mar 20

crazy. That's always a bad sign that something stinks with the books.

JustAnotherGen

(34,689 posts)
6. Snicker
Thu Mar 20, 2025, 06:35 AM
Mar 20
I'm loving this for the guy who gives Nazi salutes. It's almost liked he fucked around and tread on himself.

kkmarie

(126 posts)
8. Hoping this report pushes the stock price down
Thu Mar 20, 2025, 06:55 AM
Mar 20

And it gets to that magical number $114 and Space Nazi faces a margin call on his loans he took for the purchase of Twitter.

Unwind Your Mind

(2,250 posts)
16. The 1 year chart is interesting too
Thu Mar 20, 2025, 10:39 AM
Mar 20

The big up starts in November and the price now is right where it was in July last year

Mosby

(18,386 posts)
30. Lot of profit taking in january, February.
Thu Mar 20, 2025, 05:52 PM
Mar 20

Stock is still massively overvalued, with a p/e of 116.

GM p/e is about 8 and Ford about 7.

patphil

(7,690 posts)
18. Sounds like Musk is using Tesla as his personal piggy bank.
Thu Mar 20, 2025, 11:05 AM
Mar 20

Is this where he gets the money to buy elections?

Bengus81

(8,699 posts)
19. Q1 financials due by May 12th......
Thu Mar 20, 2025, 11:17 AM
Mar 20

Can't wait to have a look at those given the tanking sales World wide. But...it might take another quarter to really factor in.

Grins

(8,246 posts)
23. Trumpian-level corporate fraud!
Thu Mar 20, 2025, 01:53 PM
Mar 20

Nothing will be done about it; not with this administration!

jmowreader

(52,145 posts)
28. So now we know why Musk embedded himself into the Trump administration
Thu Mar 20, 2025, 05:31 PM
Mar 20

$1.4 billion worth of embezzlement is the kind of crime that gets you sent to federal prison for decades. It's best to turn the guy with the pardon autopen into your best buddy before that happens.

tazcat

(62 posts)
34. This ridiculous poc HAD 32 investigations with 11 different agencies and
Thu Mar 20, 2025, 06:47 PM
Mar 20

don't remember if on shitter or you tube he said ON video that if drumpf wasn't installed he would be fcked and go to jail. so so tired of waiting for the law to catch up w/these traitors. And meanwhile no dems are talking about their "little secret" and that's why puties slave said they didn't need the votes. all cowards!

kimbutgar

(24,872 posts)
37. Maybe we need to check into the orange turds private bank accounts?
Thu Mar 20, 2025, 09:30 PM
Mar 20

I bet he got a payback for making the parasite musk his second in command. Even though he was never elected !

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