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Comment by londev

Elon Musk and Tesla are still facing:

- A DOJ criminal enquiry into the same 420 tweet

- A whistleblower suit about misrepresentation of its rate of vehicle and battery production

- Another whistleblower suit about covering up a large theft and a narcotics ring

- A class action over racism

- Complaints about union busting

- A defamation suit over pedo accusations

- Investor class actions over the Musk family bailout acquisition of Solar City

And probably lots more that we don’t yet know about.

That so many people in tech are holding this stock and are even proud of the company is shocking to me. Sustainability can only be pushed forward with sustainable finances and the Tesla balance sheet is a horror show.

Tesla will file for bankruptcy protection in 2019.

parent londev 8 years ago

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