So in last 24 hours,
Elon sold an S P100D
Tesla reduced senior executive compensation expense
Elon got a free 2 hour commercial
So, of course, the stock price is down.
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So in last 24 hours,
Elon sold an S P100D
Tesla reduced senior executive compensation expense
Elon got a free 2 hour commercial
So, of course, the stock price is down.
Accounting Irregularities detected by new CFO - resigned officially on Tuesday.
You really should do some research on Tim Cook ... if you did you would know he is one of the most stand up guys around.
Bad compare ......
I’ve been making excuses for Elon for far too long ... love Tesla the company and it’s products but frankly I’m tired of watching Elon’s behavior destroy shareholder value ... thinking at this time someone else needs to take the reins .
Accounting Irregularities detected by CFO that was in place for only 1 month. He resigned in written formal letter to the Board on Tuesday. 8K filed today.
If the acocunting irregularties are too high - Tesla will need to fill for Chapter 11 - Bankruptcy. TESLAQ is not that far away anymore after this news. I am wondering what the irregularities are - but they have to be significant if he is resigning immediately.
If the acocunting irregularties are too high - Tesla will need to fill for Chapter 11 - Bankruptcy. TESLAQ is not that far away anymore after this news. I am wondering what the irregularities are - but they have to be significant if he is resigning immediately.
Consider this: Musk wanted to go private because he saw it as the only way to avoid the short-term attacks on the company by disinformation campaigns and FUD.
He was convinced not to go private because of shareholders who wouldn't be able to follow him into going private who felt that it was worth tolerating the disinformation campaigns and FUD. People said, just produce financial results and let the stock do whatever in the meantime.
So he decided to just do that and not worry about the short-term market reaction. This is the result.
Yes, I meant the CAO, sorry, not the CFO of course. Watch Bloomberg. Investigation ongoing by SEC - might file for bankruptcy today.
Pot, really? What year is this??? Who gives a crap?
Gonna be ugly. I know I said 26x would come soon. NO buying here. Wait for it.
Pure manipulation by shorts. Watch volume:
From 8-K:
"Since I joined Tesla on August 6th, the level of public attention placed on the company, as well as the pace within the company, have exceeded my expectations. As a result, this caused me to reconsider my future. I want to be clear that I believe strongly in Tesla, its mission, and its future prospects, and I have no disagreements with Tesla’s leadership or its financial reporting"
Can we ban this individual? Offers literally nothing.
We don't want an echo bull chamber but this is just plain trolling.
NO BUYING HERE. Wait for news. Might go bankrupt today or next week.
CAO knows something (accounting is irregular - SEC is investigating officially).
CAO knows something (accounting is irregular - SEC is investigating officially).
Stop your bullshit ....
It’s not the CFO and in the story they is NO mention of accounting irregularities.
bubb
Member
From the 8K (please ignore the stock manipulation efforts by TruthSetter):
On September 4, 2018, Tesla’s Chief Accounting Officer, Dave Morton, provided notice that he was resigning from Tesla, effective immediately. Dave stated: “Since I joined Tesla on August 6th, the level of public attention placed on the company, as well as the pace within the company, have exceeded my expectations. As a result, this caused me to reconsider my future. I want to be clear that I believe strongly in Tesla, its mission, and its future prospects, and I have no disagreements with Tesla’s leadership or its financial reporting.”
Tesla’s accounting functions and personnel will continue to be overseen by both Tesla’s Chief Financial Officer and its Corporate Controller, as had been the case prior to and during Dave’s transition to Tesla.
On September 4, 2018, Tesla’s Chief Accounting Officer, Dave Morton, provided notice that he was resigning from Tesla, effective immediately. Dave stated: “Since I joined Tesla on August 6th, the level of public attention placed on the company, as well as the pace within the company, have exceeded my expectations. As a result, this caused me to reconsider my future. I want to be clear that I believe strongly in Tesla, its mission, and its future prospects, and I have no disagreements with Tesla’s leadership or its financial reporting.”
Tesla’s accounting functions and personnel will continue to be overseen by both Tesla’s Chief Financial Officer and its Corporate Controller, as had been the case prior to and during Dave’s transition to Tesla.
Tesla filed for bankruptcy yesterday, don't you know?
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