Asana CEO calls Tesla the next Enron and says Elon Musk has misled customers [Yahoo! Finance]
Tesla, Inc. (TSLA)
Last tesla, inc. earnings: 4/29 04:11 pm
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Source: Yahoo! Finance
“I know I sound crazy to most people who don't follow $TSLA closely but at this point it really needs to be said. This is Enron now, folks,” he wrote in a Thread on Friday. “It may keep going, but people are going to jail at the end.” Moskovitz's comparison of Tesla to Enron, the Houston-based energy-trading and utility company that went bankrupt in 2001 after one of the biggest accounting scandals in history, is serious, to be sure. Enron used fraudulent accounting practices to overstate its revenues by 95%, but it took years for regulators to discover the scandal. Fortune 's Bethany McLean was the first to raise questions about Enron in a March 2001 article , ultimately leading to the company's downfall. While Musk and Tesla have not been accused of overstating revenues, Asana's Moskovitz alleges they are outright lying about their full self-driving technology (FSD). “The data is presented in fraudulent ways, and it doesn't say what they claim it says even when they make it up,
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News
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TSLA
Earnings
- 4/23/24 - Beat
TSLA
Sec Filings
- 5/16/24 - Form DEFA14A
- 5/13/24 - Form DEFA14A
- 5/13/24 - Form PX14A6G
- TSLA's page on the SEC website