Recent tweets have raised serious allegations against Tesla and its CEO, Elon Musk, suggesting that the company, described as a "<$2 eps car company 'worth' ~$20," may be involved in RICO (Racketeer Influenced and Corrupt Organizations Act) violations. These allegations include accusations of lies, options manipulation, and criminal enrichment leading to a potential collapse in Tesla's value by +90%. The tweets also unfavorably compare Tesla with BYD, suggesting that Tesla could have been a world-dominating EV company under different leadership. Furthermore, concerns were raised about the significant portion of Tesla's operating profits, +75% coming from China, questioning the implications of this financial dependency. Various entities, including the SDNYnews, LisaMonaco, FINRA, SECGov, SenWarren, RepGallagher, and SenBlumenthal, were tagged, indicating a call for investigation or response to these allegations.
Any comment on this, @elonmusk? https://t.co/Xlhe75qbw0
.@elonmusk will you fight this? https://t.co/cB8ZTrY8px
$TSLA / @elonmusk - RICO of Treason? Is $TSLA a permanently impaired < $2 eps house of cards? Is it "worth" ~$20? Will Elon be indicted? ๐ค +75% of operating profits from China? Is that bad?๐คทโโ๏ธ cc @SDNYnews @LisaMonaco @RepGallagher @SenWarren @SenBlumenthal @FINRA https://t.co/eU3qoODNAa