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So if on the misleading investors scale, Theranos is a 10, this seems to be like 3.

• rchaud 8y ago
  Apples to oranges. Theranos was never public, which is why they managed to escape scrutiny for years and "achieve" a multi-billion dollar valuation for a product that didn't even work. Tesla on the other hand has been public for a while and actually makes working cars. They are however strapped for cash and the CEO may have made material misstatements about production capability in order to borrow more money. Theranos' fraud seemed to be driven by simple greed. I don't think Musk is a fraudster, but his ego and immaturity is starting to overshadow what he's trying to accomplish.
  • acover 8y ago
    Aren't they no longer strapped for cash?
    • Pharmakon 8y ago
      Maybe? The recent numbers looked really good, so they might be out of the woods. Assuming they can keep the numbers up, and assuming the numbers weren’t the result of accounting tricks, I’d say it’s looking good for Tesla paying off their debts next year. If the numbers were massaged though, or if they aren’t maintained, they could be in trouble. Well have a better idea when independent analysis of the quarter comes out, and a much better idea when they start paying off their debts in 2019. I’d be cautiously optimistic personally, but not shocked if it turns out badly either.