US EditionElon Musk's Tesla Faces $1.4 Billion Discrepancy In Capital Expenditure: FT
- Tesla has a $1.4 billion discrepancy in its capital expenditure, as reported by the Financial Times.
- The analysis shows Tesla raised $6 billion in debt while claiming to have $37 billion in cash, raising questions about its financial practices.
- The report suggests that missing assets and increasing debt could indicate weak internal controls and potential accounting issues.
- Jacek Welc compared Tesla's situation to recent financial scandals, emphasizing the seriousness of the red flags raised.
21 Articles
21 Articles
The company declared investments of 1.4 billion without an equal increase in physical or intangible assets on the balance sheet
Tesla Is Missing $1.4 Billion On Its Balance Sheet
It’s yet another reason Unelected President Elon Musk should send his DOGE Bags to work on efficiency at his own businesses and keep them from meddling in ours. As Mashable and Financial Times reported, Tesla reported spending $6.3 billion on purchases of property and equipment (i.e. capital expenditures) but only reported an increase of $4.9 billion in the value of its capital assets. It’s quite possible there are some good explanations, Mashab…
In addition to the stock market losses, the sales that are falling and the increasing vandalism of Tesla cars, an accounts report detected the “disappearance” of the company's coffers 1.4 billion...
Tesla's share price continues to crash – also the look into the books is alarming. Purchases in billions do not reappear.
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