A man who helped create Facebook, named Dustin Moskovitz, said that a car company called Tesla might do bad things like another big company did in the past. That other company was Enron, and they lied about how much money they had and made people lose their jobs and money. Enron was very famous for being dishonest and caused problems for many people and businesses. Read from source...
- The article starts with a sensationalist headline that implies Facebook co-founder Eduardo Saverin is accusing Elon Musk of being the next Enron CEO. However, the actual quote from Saverin is much more nuanced and does not directly compare Tesla to Enron, but rather expresses his doubts about Tesla's valuation and business model.
- The article uses a sarcastic remark by another Facebook co-founder, Dustin Moskovitz, who allegedly said that Saverin should go to jail for impersonating a smart person. This is irrelevant to the main topic of the article and seems to be included to discredit Saverin's opinion without providing any counterarguments or evidence.
- The article then provides a brief overview of Enron's history, which is not directly related to Tesla or Musk, except for mentioning that both companies were once highly valued and innovative. This comparison is weak and does not explain how Enron's fraudulent activities are comparable to Tesla's current business practices.
- The article fails to provide any concrete examples of Tesla's alleged corporate fraud or questionable accounting methods, relying instead on vague accusations and assumptions. For instance, it claims that Tesla is "losing money on every car sale" without providing any data or analysis to support this claim. It also implies that Tesla's stock price is inflated due to short-sellers betting against the company, which ignores the possibility that some investors may have a positive outlook on Tesla's future prospects and growth potential.
- The article ends with a quote from Elon Musk, who encourages Tesla drivers to try the new self-driving software. This is irrelevant to the main topic of the article and seems to be included as a counterargument to Saverin's opinion without providing any evidence or analysis to support it.
Bullish on Tesla.
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