Tesla's (TSLA) Accounting Practices Called Into Question Once Again
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Law Firm Looking Into Securities Law Violations by Tesla (TSLA) for Potential Class Action
November 18, 2013 9:06 AM ESTWohl & Fruchter LLP is investigating potential federal securities law claims against officers and directors of Tesla Motors, Inc. (Tesla) (Nasdaq: TSLA) in connection with alleged violations by Tesla of Securities and Exchange Commission (SEC) rules governing the disclosure of financial metrics that do not comply with Generally Accepted Accounting Principles (GAAP).
On October 2, 2013, Canadas The Globe and Mail published an article questioning the economics of Teslas business and the quality of its earnings under GAAP. Citing research by Gradient Analytics, the article identified several accounting issues of concern, including reporting non-GAAP... More
Tesla (TSLA), Others on Watch as EV Expansion Barriers in New York Ease Slightly (GM)
November 15, 2013 8:58 AM ESTTesla Motors (Nasdaq: TSLA) could move higher Friday following a ruling in New York made Thursday night.
The WSJ noted that New York's Public Service Commission (PSC) ruled that it doesn't have jurisdiction over the spread of publicly-available electric vehicle charging stations.
The PSC noted that its... More
Is Tesla (TSLA) Really Profitable?
October 3, 2013 9:03 AM EDTWhile Tesla Motors (Nasdaq: TSLA) has been flying high lately, a sharp drop could be underway.
So says Canada's Globe & Mail, which cites small, Arizona-based research firm Gradient Analytics on the opinion.
Gradient Analytics started... More
