That couldn't be further from the truth. Theranos survived for 15 years. Wirecard 22 years. Enron 10+ years. Fraud gives you a massive competitive advantage.
Not too along ago I thought of Musk as a misunderstood genius, now I'm pretty certain he knows exactly what he is doing (for the most part). If you look at all the oddities surrounding Tesla, there are clear patterns emerging.
That report is a bunch of horseshit. Lot of words without any substance. He even cherry-picked some data to "prove" that Tesla's sales are declining. Everyone can see the actual progress that Tesla and SpaceX has made. Their cars are winning awards and they're innovating and building new factories as fast as they can. Who cares if they miss a couple of estimates. SpaceX can deliver payload to orbit with much lower cost than competitors.
True though that those companies survived for too long.
Not too along ago I thought of Musk as a misunderstood genius, now I'm pretty certain he knows exactly what he is doing (for the most part). If you look at all the oddities surrounding Tesla, there are clear patterns emerging.
Plainsite has a good summary [1].
[1] https://www.plainsite.org/realitycheck/tsla.pdf