by irdadmin | Oct 30, 2019 | Financial Markets, Market Manipulation, U.S. Economy
The degree to which Elon Musk manipulates GAAP accounting in awe-inspiring. That the various regulators in charge of protecting investors allow Musk to commit accounting fraud is shocking. Note: The commentary below is an excerpt from the latest issue of the Short...
by irdadmin | Jul 22, 2019 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
“Tesla’s headed for bankruptcy. It’s got a flawed business model; costs are way too high for the price charged for the vehicles and its riddled with accounting fraud. But the regulators will look the other way until it’s too late.” Silver...
by irdadmin | Aug 6, 2018 | Financial Markets, Market Manipulation, U.S. Economy
Tesla reported its Q2 numbers this past Wednesday. It reported $4 billion in revenue, up 43.4% year over year. Its net loss widened to $742 million, or $4.22 per share (some of you may have seen lower net loss and loss per share numbers but the numbers I’m using...
by irdadmin | Jul 24, 2018 | Financial Markets, Market Manipulation, U.S. Economy
Answer: It’s not. The longer I observe the Elon Musk/TSLA show – and the more I research in-depth the Company’s business model and financials – the more I’m convinced that there’s a striking similarity between Enron and TSLA. The...
by irdadmin | Nov 29, 2017 | Financial Markets, Market Manipulation, U.S. Economy
This article below is from my Seeking Alpha post earlier this week. I’ve studied AMZN’s financials and business model for several years. I’m probably one of the few analysts who bothers to scour the footnotes of AMZN’s financials. I was taught...
