Dude, you're reaching because you've made an ass of yourself and it's pathetic.

You do realize powerful people get murdered right? And made to look like suicides? It's not that uncommon.

I don't have any opinion on this other than to agree it's probably BS, but the idea that you'd use something where the truth is completely unknown to trash the credibility of a source is hilarious. If he's a dodgy source posting 10+ things a week for years, you should be able to find 100+ things he provably got dead wrong. Why can't you?

On Musk so far:

[x] Coke habit
[x] Going on a begging tour with various billionaires recently - one of which he named

were broken by him long before anyone else mentioned anything of the sort. I'd say events since make them > 50% likely to be true.

Big oil has clearly gotten to Panasonic now too

I would ssy the fact it should be a fairly obvious thing to happen makes it likely to be true as well


Also, the "wrongs" are likely just bad sources, no one can be 100% accuracy on gossip

the only thing that gives me pause here is goldman pulling a rabbit out of a hat.
this deal would just be so ****ing huge and juicy for them.

Why can't I? Because it's totally unnecessary and I haven't tried. The Bourdain murder conspiracy theory alone is enough to show what kind of nonsense site that is, but folks like you can't get enough.

It's flabbergasting that people actually take that website and think it has sources. It's complete made up nonsense or half-hearted rumors. I hope that no one actually thinks those are good sources that help their credibility. It proves you are an idiot who can't differentiate between a source of useful information and someone making something up on the internet.

^ The idiots weigh in. I love that that's all you have left to cling to as Tesla is imploding on multiple levels.

Meanwhile, Martin Tripp (the Tesla whistleblower represented by the former Assistant District Attorney of the Manhattan financial crimes unit) is live tweeting right now:

- The VINs of 730 Model 3s that have badly damaged (punctured) batteries with cells plastered over that were put in cars that were sold
- The gigantic Tesla scrapyard
- Internal documents showing $300 million in scrap created in 2018 alone, with claims that this scrap is treated fraudulently in their accounting.

The stock is at $337... Higher than most of the times you were claiming everything is doomed. Why are you so unconvincing?

"Most of the times"? I claimed it once, when the stock was at $250 and Apple entered the car space. Apple abandoned their goals a few months later. I then recommended a buy again when the stock was $150, dropping from $250. Super solid stuff, bro. I have always said they are doomed long term (and explained why), but that was the only short term "doomed".

You've got nothing man. Tesla is imploding on multiple levels and you're gonna realize you spent days of your life defending a weird fraud with wacky reasoning (you don't even trade as far as I understand, so it was purely cult hero-love on your part).

If you had anything to say about the multiple things posted above (actual relevant facts vs anyone's records or fun tongue in cheek sources), you would. But you're grasping at straws precisely because you have nothing and are looking pretty stupid.

Man the pwc partner has to be sweating right now.


Im wagering a guess here, but typically in an audit planning materiality is 50-75% of either 5% of net income or .5% of net assets depending on industry and risk.


Tesla would be .5% of net assets which is crazy small for w company its size (4bish)

So if planning materiality is 15m ish they are way over it if those scrap containers are in WIP


This is obviously the least of problems right now but its an area i understand and this isnt good for the auditors at all

PwC is telling Arthur Andersen "Hold my beer"

Nah, nothing that level, but if this spirals out of control, which it looks like it is, the last thing you want is some liability and deep pockets when all the lawyers start swarming with investors holding 60b in losses

Man i cant really validate how significant these marty tripp tweets are, however given i assume he knows what he is talking about, its awesome

All it would take is one of the VIN owners to come forward and have their car examined. If it turns out to be defective exactly as Tripp mentioned, then Tesla is in for the mother of all product liability and whistleblower suits. Not to mention the NTHSA could then force a mandatory recall and basically shut Tesla down.

this martin tripp stuff is pretty wild

I don't buy the defective punctured batteries. I think he is exaggerating or is not knowledgeable about the rework. It such a mission critical item that if they are repaired/reworked (I think he is telling the truth about that), it would be such that thermal runaway wouldn't be possible.

There have been a few Model 3 battery fires that Tesla have quieted down behind the scenes - including one celebrity whose car simply went up in flames - but no evidence of what he's claiming. Perhaps as the rework breaks down over time...

even if the battery thing isnt 100% legit, theres so much **** in there that the SEC is gonna be head-over-heels in love with

His attorney, the former ADA of the Manhattan financial crimes unit, claimed Tesla is done for on seeing the evidence. And that the SEC rapidly scheduled meetings fonr more informatio, which is very unusual.

Can you explain this in layman's terms?

This whole saga is fascinating. There will definitely be books written on this story, success or failure. I think I'll buy some medium-long dated puts just for fun; even if they expire worthless the entertainment value alone will make it worth it.

I still wanna know what factory gated meant godammit.

I can only imagine it meant good enough to leave the line (fully assembled), yet not necessarily ready for final delivery.

Maybe something like: car needs

-headlight, front-end, trunk deck alignment
-paint correction

It can go out and have the work done somewhere between the factory and the customer.

0.5% net assets for TSLA wouldn't even be on the radar for materiality. Every auditor worth a damn would be looking at earnings/cash flow numbers. -1b v. -1.2b probably wouldn't register as material but if we're talking about -200m v. +200m (OCF or NI) then everything better be on the up and up (see Monsanto case where a small misstatement that otherwise would be immaterial ended up being deemed material because the misstatement continued a picture of growth in face of expiring patents).

That Tesla is sooooo speculative actually makes it hard to misstate its statements to a material degree since people are looking at things awfully close to the top line and most items, even misstated, wouldn't have "changed or influenced by the inclusion (of omitted) or correction (of misstated)" items.

Lol you have zero understanding how an audit works, if less than zero was possible you would be that.


Ill try and post a longer explanation how an audit works to tomorrow


Lol 1b not material, holy **** you are a moron

Man that post is beyond stupid grizy


Cash flows statement is literally a function of balance sheet movement, an audit focuses on the balance sheet and internal control since SOX came about.


Income statment and cash flows are products of the balance sheet movement with the exception of presentation (ie whats cogs vs RD, operating vs investing)


Seriously never talk about accountong again, you are totally clueless

0.5% differential on net assets wouldn't matter for Tesla unless it happens to be the difference between profit/loss or some other critical milestone. I didn't say 1 billion misstatement would be immaterial. I said your rule of thumb that you got somewhere is nonsense as applied to Tesla. That you even tried to make a big deal out of it shows you have no idea how to do a materiality analysis.