One of the posting mentioned KDR as an investment, KDR is currently over $1 and must likely be becauseTSLA has signed some sort of agreement with KDR. KDR shareholders may one day have a surprise that their SP is linked to this guy below.
Read this article:
David Einhorn, president of Greenlight Capital, who famously warned thatLehman Brothers was undercapitalized before it filed for bankruptcy in 2008,said Tesla Inc. is following the same doomed path. The hedge-fund manager, known for his meticulous research and data analysis,made the case that Tesla TSLA, -7.05%carried some of the same attributes as the ill-fated Wall Street bank in how itdeflects criticism and masks problems.Lehman was the fourth-largest investment bank in the U.S. before itscollapse on Sept. 15, 2008, which many view as the moment that the global financialcrisis took full flight.There are many parallels to TSLA,” Einhorn said. “In 2013, TSLA was on thebrink of failure as customers who had paid deposits weren’t taking delivery ofthe Model S. TSLA’s cash reserves fell to a dangerously low level and CEO ElonMusk secretly and desperately tried to sell the company to Google. Rather thancommunicating truth to shareholders, Mr. Musk bluffed his way through thecrisis. There were no regulatory, legal or market consequences for failing toown up to reality. The business survived, and Mr. Musk was celebrated for hissuccessful bluffing.”This has emboldened Musk, giving him a platform to be even more deceptive,according to Einhorn.
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Last
$2.98 |
Change
-0.030(1.00%) |
Mkt cap ! $8.974B | |||
| Open | High | Low | Value | Volume |
| $3.00 | $3.11 | $2.97 | $82.16M | 27.12M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 65571 | $2.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.99 | 7500 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |