This latest chicanery with Tesla's capital raise & completely misleading disclosures on the earnings call has me fired up. I am fortunate enough to trade client's money as well as my own. A client allowing me the opportunity in many cases to manage their life savings $tsla $tslaq
is the ultimate compliment & act of trust. I take my fiduciary responsibilities seriously & thus diligently research & evaluate my holdings. I read financial statements, research reports, etc. I am under the misguided premise that the 1934 Securities Act is being honored &
investors have a level playing field. I am not naïve but trust our markets are being regulated with a big enough stick that CEO's will not commit direct fraud. Tesla, Elon Musk is blowing this theory out of the water. Let's forget about all of the half baked materially false
statements the CEO has made to this point. This CEO stated with clear conviction Tesla would not need to raise capital. Clearly lying to investors when asked on the conference call. Lying because he knew if he stated that he was going to raise cash it would have had a
negative impact on the stock price, his FCF illusion & the statements of Tesla being self financed. A stock price which is 100% relevant to his personal wealth & compensation. Nothing could have materially changed in two weeks time. Coronavirus was downplayed by this CEO
just days earlier again so the stock price would not correct downward. Now as I predicted I am sure this will be one of the primary reasons Tesla is raising capital. Then when you actually see the 10-K you have to ask, how the hell can a company have an earnings call & mislead
investors so blatantly, not drop this document until two weeks after such call and not have repercussions. FCF apparently was only created through the accounting gimmicks of not paying current payables or taxes due. The 1.3 billion dollar receivable looks like a giant
consignment sale where the accounting for these sales as revenue is very questionable. Oh & the biggie. No mention of SEC subpoena or DOJ requests for information regarding above issue. This isn't material? Before you Tesla pundits ask how big is my short & how much I have lost
please feel free to review my trade history on prior tweets & my successful calls on this stock. If you are a mindless lemming pound sand. You should be just as angry as I am unless Tesla will be the only investment you make in your lifetime. Elon is lowering the bar so low for
corporate governance & CEO disclosures we might as well be trading on the Nigerian or Mexican stock exchanges. Our markets should not be turned into a damn casino. Integrity and Ethics should exist. $tsla $tslaq
