Quoth the Raven #19 - If Tesla Raises Capital or is Not Free Cash Flow Positive This Year, the SEC Should Go After Elon Musk
Elon Musk once again stopped his company's stock from breaching under the $300 level today by Tweeting last night - at 1AM PST and 4AM EST - that the company would be cash flow positive by Q3 or Q4 of this year. This comes in addition to his statements earlier this month that the company will not need a capital raise in 2018. If either of these statements turn out to be untrue, I explain why I believe regulators should go after Elon Musk and Tesla for misleading shareholders and the public.
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