Falling stock prices,s?c thú plummeting car sales, protests, vandalism – it's all just another day in the year 2025 for Tesla now.
Backlash against the company has become the norm, Musk's relationship with the Trump administration and his increasing involvement with right wing politics has made him very divisive. In turn, people are taking out their frustrations on Musk's golden goose, his EV car company Tesla.
But, among all of Tesla's now-everday woes, a brand new issue has seemingly just emerged.
Tesla is apparently missing $1.4 billion.
According to a new reportfrom the Financial Times, there's nearly one and a half billion dollars missing from Tesla's coffers. The report looked into Tesla's cash flow statements and capital expenditures over the last 6 months of 2024 and compared it to the company's valuation of the assets it had acquired. The report found anomalies, namely the missing $1.4 billion.
In the third and fourth quarter of 2024, Tesla reportedly spent $6.3 billion on “purchases of property and equipment excluding finance leases, net of sales” according to its cashflow statements. However, on Tesla's balance sheet for the same period, the company reported that the gross value of property, plant and equipment went up by only $4.9 billion to $51 billion.
That's 1.4 billion that's, as the Financial Timesputs it, "gone astray."
There are legitimate reasons to explain this. For example, asset sales or foreign exchange-related issues could account for the $1.4 billion gap.
However, according to the report, Tesla didn't report any of these issues. The company just left the $1.4 billion unaccounted for.
Mashable has contacted Tesla for comment, but has yet to receive a response.
We don't know why the money is unaccounted for, but the report certainly should make Tesla investors ask questions.
BTS is taking a twoGwyneth Paltrow forgets another Marvel coTesla Model 3 crashes into parked truck and catches fireLady Gaga's foundation to fund projects in Dayton, El Paso, and GilroyDomino's Pizza stays cutting edge with eInstagram let a marketing company scrape users' location dataUniversal cancels release of politically charged thriller, 'The Hunt'BTS is taking a twoSamsung might launch a phone with a graphene battery next yearTeenager finds educational software exposed millions of student records NYT Strands hints, answers for March 15 Wordle today: The answer and hints for March 14, 2025 Uniting Against White Supremacy in Charlottesville Liverpool vs. Newcastle United 2025 livestream: Watch Carabao Cup final for free Roomba maker iRobot could be dead within a year A few things we’ve enjoyed this week AI search tools are confidently wrong a lot of the time, study finds Dozens of lawsuits against Trump chronicled in handy online tracker NYT Connections Sports Edition hints and answers for March 16: Tips to solve Connections #174 We Are All at the Table Together
0.3733s , 8260.4921875 kb
Copyright © 2025 Powered by 【s?c thú】Enter to watch online.Tesla is somehow missing $1.4 billion,