Dan McCrum: $1.4B is a lot to fall through the cracks, even for Tesla (ft.com) 29 points by globalise83 1y ago ↗ HN
[–] globalise83 1y ago ↗ From the FT journalist who broke the Wirecard fraud story: an interesting eyebrow-raise regarding Tesla's financial accounting.
[–] A_D_E_P_T 1y ago ↗ https://archive.ph/oOI4JSome pretty interesting forensic accounting there, though a lot of it seems to be speculative at this point.
[–] duxup 1y ago ↗ Mysterious accounting AND being hugely overvalued (nearly 6x Toyota) seems like a dangerous place for Tesla to be. [–] zoklet-enjoyer 1y ago ↗ Dangerous place for all of us who own shares of Tesla in ETFs like VOO and QQQ [–] lotsofpulp 1y ago ↗ Tesla disappearing entirely would result in SP500 decreasing 1.6%, at most. This shouldn’t move the needle for any index fund owner, especially after the previous 10 years.https://stockanalysis.com/etf/voo/holdings/
[–] zoklet-enjoyer 1y ago ↗ Dangerous place for all of us who own shares of Tesla in ETFs like VOO and QQQ [–] lotsofpulp 1y ago ↗ Tesla disappearing entirely would result in SP500 decreasing 1.6%, at most. This shouldn’t move the needle for any index fund owner, especially after the previous 10 years.https://stockanalysis.com/etf/voo/holdings/
[–] lotsofpulp 1y ago ↗ Tesla disappearing entirely would result in SP500 decreasing 1.6%, at most. This shouldn’t move the needle for any index fund owner, especially after the previous 10 years.https://stockanalysis.com/etf/voo/holdings/
6 comments
[ 3.2 ms ] story [ 23.1 ms ] threadSome pretty interesting forensic accounting there, though a lot of it seems to be speculative at this point.
https://stockanalysis.com/etf/voo/holdings/