I was preparing my usual Tesla Weekly until Aaron Greenspan dropped his explosive filing on Wednesday against Musk and Tesla, which highlighted loads of details from the “Tesla Files” on their egregious accounting frauds.
Lots of topics to cover this week aside from the headline story, but here is the breakdown for today’s Tesla Weekly:
Bombshell Complaint Filed Against Musk & Tesla—The Main Story Of This Report: An amended complaint in the Greenspan v. Musk et al trial was filed on Wednesday with damning internal data from Tesla highlighting a vast array of accounting fraud. It’s an explosive report, which is why it is the focus of today’s Tesla Weekly.
Trading Thoughts: Tesla is down 6.4% on the week through yesterday on lower-than-average volumes. Break outs to the upside were swiftly sold down, but there was an effort to keep the stock above $203, its 200-day moving average.
China Weekly Sales Suddenly Dropped Last Week: Despite 0% loans from Tesla and $2,800 incentives from the PRC, Tesla’s sales last week dropped by 17% YoY. This is odd given the low hurdle from Q3 2023.
Lots of topics to cover this week aside from the headline story, but here is the breakdown for today’s Tesla Weekly:
Bombshell Complaint Filed Against Musk & Tesla—The Main Story Of This Report: An amended complaint in the Greenspan v. Musk et al trial was filed on Wednesday with damning internal data from Tesla highlighting a vast array of accounting fraud. It’s an explosive report, which is why it is the focus of today’s Tesla Weekly.
Trading Thoughts: Tesla is down 6.4% on the week through yesterday on lower-than-average volumes. Break outs to the upside were swiftly sold down, but there was an effort to keep the stock above $203, its 200-day moving average.
China Weekly Sales Suddenly Dropped Last Week: Despite 0% loans from Tesla and $2,800 incentives from the PRC, Tesla’s sales last week dropped by 17% YoY. This is odd given the low hurdle from Q3 2023.