Tesla (TSLA) accounting raises red flags as report shows $1.4 billion missinghttps://electrek.co/2025/03/19/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 Compare Tesla’s capital expenditure in the last six months of 2024 to its valuation of the assets that money was spent on, and $1.4bn appears to have gone astray.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.Accounting experts agree that, in most cases, the capex number matches closely to the increase in gross PP&E, but some factors can make a difference: sales or impairments of assets, foreign exchange, etc.However, Tesla didn’t report any significant enough change in the usual suspects to justify the difference.
>>1393478Yeah not really surprised the company where the CEO was begging and pleading stockholders to approve paying him hundreds of billions of dollars even after a judge ruled the payment illegal has some missing money.This company has been overvalued and on the verge of falling apart for a while now. The recent protests aren't a cause; they're a catalyst. The last poke needed before a house of cards starts falling apart.
And the message couldn't be any clearer. Don't audit and search for our corruption and waste or we'll target you. Demonstrating why DOGE is needed.
>>1393500Accurate
>>1393500>Noooo, just ignore the gaps in our own spending! There's nothing wrong here!Is it really much of a surprise someone whose wealth relies almost entirely on intensely overvalued stock may have been stealing?
>>1393500The Financial Times is operated out of BritBongLand. They're not even American, they can safely be disregarded.
>>1393530So they're wrong that Tesla's spendings is far higher than the price of what they spent that money on?
>>1393531It's not about right or wrong. They're not like us and they have every incentive to undermine public confidence in the current administration.The UK, Germany, France, Canada etc are all currently waging a propaganda war against Americans because our president has tried to broker peace in Ukraine, a war which the Biden admin. funded at our own expense. They are adversarial to the wellbeing of America and the American people.
>>1393522If Elon was stealing then he would have had to order accountants to ignore this discrepancy and it's going to be easy to prove.Or, it's accountant(s) who screwed up by accident which is literally 100x more likely given the size of tesla
>>1393534>They are adversarial to the wellbeing of America and the American peopleThey are adversarial to Trump and Elon due to antagonism they instigated and Elon being an open Nazi. UK and Canada are literally 2 of our closest allies, dipshit. Slow down on the kool-aid. You've got 4 years to go full brainless zombie.
>>1393534>It's not about right or wrongIt is actually, this is a claim of material fact and we shouldn't start setting those aside ever for any reason.
>>1393537They note this in the article; unless someone was REALLY trigger happy with the 0s simple accounting error cannot account for that big of a difference.
>>1393534>It's not about right or wrong.Actually it is. Either a. they're wrong and there isn't a billion unaccounted for in their spendings, or b. Someone(s) at Tesla embezzled over a billion dollars.
>>1393543Yeah I know you've never been around finance in a large org. When there's a business with nearly $1 trillion market capitalization with million of line items to account for its actually surprisingly easy to miss a chunk of it in the reporting tree as it gets processed up the chain.The amount in question here is literally 0.2% of their market cap. Someone should have caught this tho, so like I said, either Elon stole money and ordered his accountants to ignore it and become complicit in the crime, or Tesla accountants made a mistake or rounding error somewhere. I guess ones level of EDS will decide which one they think is more likely
>>1393540>material factThere's a difference between telling the truth and weaponizing the truth.If someone accuses you of being a pedophile, that may or may not be true. But once people start dumping our dirty laundry into the public square then the truth doesn't matter, because that person is clearly predisposed to waging information warfare against you. The facts of what being said don't matter at that point, only why they are being said, because you are presently under attack by someone you must defend yourself against.This is the case here. Using propaganda against the American people, so that they turn against their leadership, is tantamount to a declaration of war. Right or wrong doesn't matter since we are clearly under attack.
>>1393548>If someone accuses you of being a pedophile, that may or may not be true. But once people start dumping our dirty laundry into the public square then the truth doesn't matter, because that person is clearly predisposed to waging information warfare against you.I'm sorry, but wouldn't your own analogy mean they start releasing info actually proving you're a pedophile? Are you actually fucking saying it's warfare to show factual evidence of illegal activity just because someone is a politician?
>>1393546Yeah you didn't even read the article. The math has nothing to do with their big fucking market share or their sales. They said they spent 5 billion on property and equipment. The actual price of what they purchased is 4 billion. So there's a total of around 1 billion that WAS spent but has no actual explanation as to where it went.
>>1393553>They said they spent 5 billion on property and equipment. The actual price of what they purchased is 4 billion. So there's a total of around 1 billion that WAS spent but has no actual explanation as to where it went.Sounds like an accounting error then, thanks for clearing that up
>>1393551If someone starts attacking you with a knife, do moral and legal arguments really matter?
>>1393557But they're not attacking you with a knife. They're accusing you of a crime and presenting evidence of said crime. In your case, evidence you're a pedophile. In the actual article, evidence of 1 billion going missing from your accounting.
>>1393553Actually, Im going to expand on this >>1393556 so you don't think I'm being too much of a douche. People generally embezzle money by making a fake business and giving themselves payments without rendering goods/services. This won't hide it from accounting (unless if the accountants are in on it) and it will appear on reconciliations.If a reconciliation is not balanced as you've described, it's generally because the accountants missed counting stuff and didn't double check if it's balanced properly.
>>1393558>But they're not attacking you with a knifeAre you sure?Is this UK company airing dirty laundry purely out of the goodness of their heart and the concern for American law? Or are they attacking someone that they view to be diametrically opposed to their interests?There is a large amount of civil unrest occurring in America as we speak because some Americans unironically believe the Trump administration to be corrupt. Do you think this might have something to do with what they are being told?
>>1393556>>1393560Retard if you're missing 1 billion, that's a pretty fucking severe accounting error. These totals aren't entered alone. Someone can't just fuck up and put an extra 0. It would require a ton of typos and incorrect totals to add up to that much. And even in that case, there literally NEEDS to be an investigation to make sure that's the case.
>>1393561Hey, fuckwit, maybe it's because Musk has been making himself visible and people are paying closer attention to his financial interests. And also, are you saying that excuses the potential embezzlement here? If a tabloid has evidence someone is a pedophile, politically motivated or not, if that evidence is real the dude is still a pedophile.
>>1393546>When there's a business with nearly $1 trillion market capitalization with million of line items to account for its actually surprisingly easy to miss a chunk of it in the reporting tree as it gets processed up the chain.This is literally more than 1% of the company's assets. As someone that was around finance for a large org, why don't you fucking tell us what would happen if the books were off by a full fucking percent.>>1393548Fuck off.
>>1393564I go back to my original point. If the reconciliation wasn't balanced, that's an accounting error, because that's literally their only job. I'm sure once it's corrected tho it won't be noteworthy enough to be reported on
>>1393478This should be looked into and the money accounted for.I love the fact that the left wing loons losing their shit over this didn't care when a California audit determined that millions in money to be spent on homelessness was unaccounted for. They actually did determine it was likely fraud too, they weren't just speculating
>>1393557>evidence is violence unless it aligns with my pre-existing worldviewYou realize this is how the real shithole countries function. You want to be them?
>>1393565Yeah bro I'm sure this is all because he made himself visible. Not necessarily because America was using USAID to fund various outlets and NGOs in the UK or anything, which Elon is now threatening. >And also, are you saying that excuses the potential embezzlement here?It doesn't matter if it happened or not retard. What matters is that there are people trying to attack America.We need to be focusing on defending ourselves from foreigners that keep using propaganda to undermine confidence in American democracy, just like the Russians tried to do in the lead-up to the 2020 election.
>>1393572>yes he stabbed you with a knife, but did you deserve it?Actual third world "what was she wearing" logic.
>>1393574The difference is we can't even determine what is deserved because according to you we aren't allowed to have a real debate.
>>1393576You're not interested in having a real debate. You just want to attack America by repeating uncomfortable truths.Look up the definition of malinformation.
>>1393577So you're acknowledging it's true?
>>1393573>It doesn't matter if it happened or not retardActually it does because embezzlement is a crime you absolute retard.
>>1393577I entertain the notion that Elon could be doing good for America but guys like you going full "Ignorance is Strength" doesn't impress.
>>1393500Read it in Elon/Tesla’s voice and it becomes completely clear what DOGE is really all about.
>>1393583Yeah, and crime is bad! And wrong!
>>1393490Way overvalued. It's considered what is called a meme stock. A stock that young inexperienced men invest in, because they think it's cool It ain't so cool anymore. Testler was valued at $700 billion US, but the real value and what it soon will drop down to will be about 40 billion,if even that
>>1393565>because Musk has been making himself visibleThe attention whore living in a glass house dares people to throw rocks at him. tRump does this, but Elon Musk does not have the protection of being POTUS.
>>1393478stock is at 35% year over year, everyone with a brain knows the stock is rebounding
>>1393670There has to be a reason to rebound and there isn't one.
>>1393670Everyone with a brain knows the stock hasn't been worth the actual value of the company and a crash was inevitable. They're kept afloat entirely by unfulfilled promises anon, when it comes down to what they actually sell they don't sell anywhere near enough to justify a stock value like 100x their competitors who are literally outselling them.
>>1393478Lol tesla is so desperate they got the fucking secretary of commerce to shill buying the stock live on fox. Musk is pulling out all the stops to preserve his fortune and none of it is working.
>>1393693yeah yeah you shortsighted morons said the same about twitter and now its at the same evaluation, fucking retards
>>1393755Twitter lost 80% of its revenue and is dying as a site. If it was publicly traded it would be tanking from the moment musk bought it. What the fuck are you talking about?
>>1393777>Twitter lost 80% of its revenue and is dying as a siteThat tends to happen when a website stops being a subsidized bot farm that acted as a propaganda mouthpiece for the White House
>>1393782It's even more of a bot farm now lmao.
>>1393785At least it's not a pedo-den like BlueSky
>>1393788I'm sorry which one of these platforms unbanned someone who posted a child being raped?
>>1393782>Twitter now owned by a WH stafferThe fuck are you talking about?
>>1393793You posted a child being raped? Whats wrong with you you sick fuck?
>>1393806Reread the post again
>>1393500Like all conservative accusations, it’s projection
>>1393806welcome to the 4chan website
>>1393478>Maybe Elon should check his couch cushions?tl;dr but I'm, assuming he's looking for JD Vance's cumshot?
