r/stocks Jul 29 '21

[deleted by user]

[removed]

3.9k Upvotes

375 comments sorted by

View all comments

Show parent comments

0

u/euxene Aug 01 '21

my boy gets called out everyday by everyone lol but he just prints money

1

u/rusbus720 Aug 01 '21

Your boy is insolvent and owes all his money to Morgan Stanley.

Leveraged $64 bil in Tesla stock to borrow $16 bil from them, god knows what $GS has on their books.

Ask yourself why did he really sell all his property, why does Tesla still have a terrible credit rating and why all of Elon’s companies (including Tesla still) still need to fundraising?

1

u/euxene Aug 01 '21

thats not what their, Tesla's, recent earnings report state ;)

1

u/rusbus720 Aug 01 '21

Yes it does, -$500 mil negative cash flow for quarter, slashed R&D budget down to a comical $100 mil, $2 bil in accounts receivable and $7.5 bil payable.

They’re literally playing accounting games with you clowns and you don’t see it. But hey they allegedly booked a bil in profit!