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 29, 2019 | Financial Markets, Market Manipulation, U.S. Economy
In last week’s earnings release, Elon Musk made the claim in the headline release that Tesla generated $614 million of “free cash flow,” which he defined as “operating cash flow less capex.” Additionally, in the 2nd paragraph of the...
by irdadmin | Jun 13, 2019 | Financial Markets, Market Manipulation, U.S. Economy
Elon Musk should have considered a career as a children’s fairytale author. He would have made multiples of his current net worth selling his amazing fantasies and optioning the movie and tv series rights. He’s spent the better part of the last few years...
by irdadmin | May 30, 2019 | Financial Markets, Market Manipulation, U.S. Economy
TSLA had yet another bad week, closing down $19 (9%) from the previous Friday’s close. Last week every attempted bounce in the stock was shortable on a daytrading basis. Currently Tesla’s shares are trading at $188. It would likely be a lot lower if it...
by irdadmin | May 24, 2019 | Financial Markets, Market Manipulation, U.S. Economy
Elon Musk sent out an internal email to employees on Thursday in which he makes the highly dubious claims that the Company has 50,000 new orders for the Model 3, the Company has a “good chance” of exceeding Q4’s record deliveries and the production...