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Is Tesla Motors the new Enron?

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There's more than enough to get distracted by — and be nervous about — over the next few days, but judging from the upbeat premarket action Monday, investors aren't exactly scrambling around for risk-off assets. read more

“Tesla’s financing model is fragile; it is attempting to manage multiple financial instrument models under the same accounting umbrella — to our knowledge, one of the last companies to attempt this level of financial innovation was Enron,” a Devonshire Research Group’s report states. read more

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Tesla Compared To Enron, Ponzi Scheme In Scathing New ...
Source: zerohedge.com