Trump / Musk (other than DOGE) Omnibus | Tesla accounting issues?

[StrangePackage]

Tesla (TSLA) accounting raises red flags as report shows $1.4 billion missing​

“Tesla’s (TSLA) accounting practices are raising red flags as a new report from the Financial Times shows that $1.4 billion is missing.

Many Tesla shorts and detractors have questioned Tesla’s accounting for years, but they have never gained much traction – until now.

Today, the Financial Times has released a new report


The article points out that Tesla reports having spent $6.3 billion on “purchases of property and equipment excluding finance leases, net of sales” in the second half of 2024, while property, plant, and equipment rose by only $4.9 billion in that period. …”

Tesla (TSLA) accounting raises red flags as report shows $1.4 billion missing

Tesla’s (TSLA) accounting practices are raising red flags as a new report from the Financial Times shows that $1.4 billion...

electrek.co

But this is the guy finding fraud in the government?

Mkay.

 

[finesse]

But this is the guy finding fraud in the government?

Mkay.

Set a thief...

 

[Rock]

 

[altmin]

Trump plan to fund Musk’s Starlink over fiber called “betrayal” of rural US

Director of $42 billion broadband fund pushed out, says program is being ruined.

arstechnica.com

A federal broadband official departed the US government with a warning that a Trump administration plan will strand rural Americans with worse Internet access in order to help Elon Musk secure public money for Starlink.

"Stranding all or part of rural America with worse Internet so that we can make the world's richest man even richer is yet another in a long line of betrayals by Washington," wrote Evan Feinman, who had been a Commerce Department official and director of the $42.45 billion Broadband Equity, Access, and Deployment (BEAD) program since 2022.

As Politico reported, Feinman made the statement in "a blistering email to his former colleagues on his way out the door Sunday warning that the Trump administration is poised to unduly enrich Elon Musk's satellite Internet company with money for rural broadband."

Feinman left the department on Friday. His departure came less than two weeks after Secretary of Commerce Howard Lutnick announced that BEAD was reversing the Biden administration's decision to prioritize fiber Internet networks when distributing grants from the $42.45 billion fund.

 

[superrific]

The story is that Tesla's 2024 was actually pretty good, and they were just hiding an asset impairment (probably related to Cybertruck). Their 2025 is going to be terrible, of course, but anyway . . .

Hiding asset impairments were the sort of thing that once upon a time you went to jail for.

When did Elon start spending so much money for Trump? He really emerged in August, right? Any bets on whether that's also about the time the asset impairment was being recognized?

 

[ZenMode]

Tesla Attack Map Shows Wave of Elon Musk Products Being Targeted​

Cybertrucks set ablaze, showrooms defaced, and charging stations shot at—a wave in attacks on Tesla properties and products has been reported across the U.S.

Tesla attack map shows wave of Elon Musk products being targeted

Musk's increasing influence in the White House under President Donald Trump appears to have made his company Tesla a target for political backlash.

www.newsweek.com

 

[Paine]

Tesla Attack Map Shows Wave of Elon Musk Products Being Targeted​

Cybertrucks set ablaze, showrooms defaced, and charging stations shot at—a wave in attacks on Tesla properties and products has been reported across the U.S.

Tesla attack map shows wave of Elon Musk products being targeted

Musk's increasing influence in the White House under President Donald Trump appears to have made his company Tesla a target for political backlash.

www.newsweek.com

 

[mpaer]

The story is that Tesla's 2024 was actually pretty good, and they were just hiding an asset impairment (probably related to Cybertruck). Their 2025 is going to be terrible, of course, but anyway . . .

Hiding asset impairments were the sort of thing that once upon a time you went to jail for.

When did Elon start spending so much money for Trump? He really emerged in August, right? Any bets on whether that's also about the time the asset impairment was being recognized?

I don't suppose a single US Govt Agency will be allowed to "go after" Elon if turns out this is criminal activity

 

[altmin]

Tesla Recalls Most Cybertrucks Because the Trim Is Just Glued On

The manufacturer is recalling 46,000 of the vehicles due to a faulty exterior panel, marking the eighth time it's been recalled.

gizmodo.com

 

[Healing]

Tesla Attack Map Shows Wave of Elon Musk Products Being Targeted​

Cybertrucks set ablaze, showrooms defaced, and charging stations shot at—a wave in attacks on Tesla properties and products has been reported across the U.S.

Tesla attack map shows wave of Elon Musk products being targeted

Musk's increasing influence in the White House under President Donald Trump appears to have made his company Tesla a target for political backlash.

www.newsweek.com

 

[superrific]

I don't suppose a single US Govt Agency will be allowed to "go after" Elon if turns out this is criminal activity

Well, not yet. Statute of limitations is at least six years.

 

[ZenMode]

Does Ben Shapiro know Presidents don’t have the power to pardon state convictions?

Yes he does. He discusses it on his podcast series related to the concept of a pardon.