61
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 15 Jul 2023
61 points (100.0% liked)
Technology
31 readers
1 users here now
This magazine is dedicated to discussions on the latest developments, trends, and innovations in the world of technology. Whether you are a tech enthusiast, a developer, or simply curious about the latest gadgets and software, this is the place for you. Here you can share your knowledge, ask questions, and engage in discussions on topics such as artificial intelligence, robotics, cloud computing, cybersecurity, and more. From the impact of technology on society to the ethical considerations of new technologies, this category covers a wide range of topics related to technology. Join the conversation and let's explore the ever-evolving world of technology together!
founded 1 year ago
@Catch42
@kuontom @const_void
No one really knows if Tesla makes money. It's been long noticed that Musk is extremely dishonest and could easily be faking all of the numbers.
It's a public company, there are legal requirements for reporting its cash flows to its shareholders. If they're being fudged to that degree then that's massive fraud and Musk would be in very serious legal trouble.
@FaceDeer
@kuontom @const_void @Catch42
We live in the age of fraud. It's easy to fake those numbers. Hell, the regulations will even help you defraud investors. In fact, you should google Wirecard as an example of this, and realize it could totally happen again. Also, look at how rich Musk already is and realize he has already gotten away with it. Legal trouble just means he may retire in slightly less comfort than he would've anyways.
Don't understand how public companies work, do ya?