A Huge Amount of Money Is Missing From Tesla
Tesla is in deep trouble. The embattled EV maker has seen sales plummet worldwide in large part due to its CEO Elon Musk's highly polarizing behavior. Tesla's share value has also dropped precipitously, and is down over 37 percent year to date, wiping out all gains made since president Donald Trump was elected last year. Even the company's financials are leaving some glaring questions unanswered. As the Financial Times reports, a whopping $1.4 billion appears to have vanished in thin air. The enormous hole arises when examining the carmaker's capital expenditures and how those compare to the reporter rise of […]
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