Financial Times has quietly toned down its claim of a $1.4 billion misstatement in Tesla’s cash flow. After speaking with accounting sources, the publication now reports a $500 million discrepancy—a number small enough to be explained by foreign exchange movement, asset write-offs, and other adjustments.
Another overhyped financial hit piece against Tesla bites the dust.
Link: https://www.ft.com/content/d2711678-af23-4b71-852b-1ef2e932e14b