This guy thinks so.
https://finance.yahoo.com/news/facebook-cofounder-says-tesla-committed-135001013.html
OTOH they hate Elon so hard to tell if the charges are as bad as they make them out to be.
https://finance.yahoo.com/news/facebook-cofounder-says-tesla-committed-135001013.html
Yeah, another attack on the company. But this one has some legs maybe. It's generating a lot of attention. If their accounting is way off, it could have serious consequences.Quote:
Amidst a chaotic month for Tesla - even by its continuously plunging standards - Facebook cofounder and multi-billionaire Dustin Moskovitz has made some pretty dire predictions for the automaker, accusing it of committing "consumer fraud on a massive scale."
"This is Enron now, folks," Moskovitz wrote on Threads, referring to the corporation that went bankrupt in 2001 after it was exposed for one of the biggest accounting frauds in history. "It may keep going, but people are going to jail at the end."
…
The point of the side-by-side is this: according to Moskovitz, the automaker is wrongly recognizing its deferred revenue - revenue for a product that hasn't been delivered, like an annual subscription fee - as earned revenue through the wider release of its Autopark feature last month. This is a sketchy move, Moskovitz claims, because an earlier version of Autopark was already released with FSD years ago, resulting in inflated numbers.
OTOH they hate Elon so hard to tell if the charges are as bad as they make them out to be.
I think that, to be very honest with you, I do believe that we should have rightly believed, but we certainly believe that certain issues are just settled.
- Kamala Harris
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- Kamala Harris
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He took a bullet for America.