1. Model 3 is coming. Get your Model 3 Owners Club apparel today!


    Dismiss Notice

From Electrek: Tesla gets a slap on the wrist from the SEC over accounting method

Discussion in 'News from Electrek.co' started by RSSFeed, Nov 28, 2016.

More threads by RSSFeed
  1. RSSFeed

    M3OC RSS Bot
    Expand Collapse

    Joined:
    Sep 28, 2016
    Messages:
    2,666
    Likes Received:
    193
    Trophy Points:
    63
    Tesla gets a slap on the wrist from the SEC over accounting method

    [​IMG]

    Tesla critics have often complained about the company’s use of non-GAAP metrics in its quarterly financials results. While the company claims that it better represents its financial situation than the Generally Accepted Accounting Principles (GAAP), detractors said the method was embellishing Tesla’s financials.

    The company stopped using the method since last quarter and now the Wall Street Journal came out with a report suggesting that the SEC was behind the change. more…

    Filed under: Uncategorized [​IMG] [​IMG] [​IMG] [​IMG] [​IMG] [​IMG] [​IMG] [​IMG][​IMG]

    Continue reading...
     
  2. 3Victoria

    Active Member
    Expand Collapse

    Joined:
    Jul 17, 2016
    Messages:
    147
    Likes Received:
    96
    Trophy Points:
    28
    City & State/Province:
    Victoria
    Inconsequential -- the important phrase is:
    "the agency currently considers the matter to be resolved."
     
    • Agree Agree x 3
  3. Dan Detweiler

    Top-Contributor
    Expand Collapse

    Joined:
    Apr 8, 2016
    Messages:
    897
    Likes Received:
    570
    Trophy Points:
    93
    Gender:
    Male
    City & State/Province:
    Canton, Georgia
    Country:
    Country
    Yup, I agree.

    Dan
     
  4. Michael Russo

    Top-Contributor
    Moderator
    Expand Collapse

    Joined:
    Oct 15, 2016
    Messages:
    3,818
    Likes Received:
    2,340
    Trophy Points:
    113
    Gender:
    Male
    City & State/Province:
    Pau, France
    Tesla Owner:
    Reservation
    Country:
    Country
    Me too, but then why does Elektrek even feel the urge to report it...?! This falls in the category of space filling... :)
     
  5. garsh

    Dis Member
    Moderator M3OC Supporting Member
    Expand Collapse

    Joined:
    Apr 4, 2016
    Messages:
    3,082
    Likes Received:
    1,738
    Trophy Points:
    113
    Gender:
    Male
    City & State/Province:
    Pittsburgh PA
    Country:
    Country
    Electrek is pretty good about digging up all kinds of stuff that I generally don't see anywhere else. It's not huge news, but it is news about Tesla, so I'm glad they have the article.
     
  6. Michael Russo

    Top-Contributor
    Moderator
    Expand Collapse

    Joined:
    Oct 15, 2016
    Messages:
    3,818
    Likes Received:
    2,340
    Trophy Points:
    113
    Gender:
    Male
    City & State/Province:
    Pau, France
    Tesla Owner:
    Reservation
    Country:
    Country
    Ok. I get it, thanks, @garsh & greetings from Singapore!
    Mike
     

Share This Page

Model 3 Owners Club © 2017. All rights reserved.
Model 3 Owners Club (M3OC) is an enthusiast club and is not affiliated with Tesla Motors or the Tesla Motors Club Forum (TMC).
All Tesla logos are trademarks or registered trademarks of Tesla Motors.