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Tesla ($TSLA) and its CEO Elon Musk are facing allegations of fraud and deception, with accusations of operating a publicly traded RICO scheme and artificially inflating the company's value. Concerns about Musk's actions and the financial stability of Tesla have raised questions about potential collapse and legal repercussions from regulatory authorities like SDNYnews and SEC. Meanwhile, Stellantis is considering producing low-cost electric vehicles in Italy in partnership with Chinese automaker Leapmotor.
Chinese EVs in the US? Stellantis' CEO is open to the idea if governments block exports https://t.co/BZuYGoI4BI by @scooterdoll
$TSLA / @elonmusk - Wen RICO? Elon or $TSLA BoD may need to go? If +90% of the value of $TSLA is Elon (deception, fees and the options racket), what happens next? Will Elon try to sell his 411m shares (appeal bond + Ponzi proceeds)? h/t @alexiskweed https://t.co/IXYwXVUYQ6 https://t.co/vRe6Lr8Zzg
$TSLA / @MorganStanley - Fraud? A permanently impaired <$2eps publicly traded RICO... With margin loans, trading / banking fees and hundreds of millions in ancillary revenues... When $TSLA collapses +90% who will be blamed @SDNYnews @LisaMonaco @FINRA ? https://t.co/1ZzR3q0dpr