Yes sure, I should have elaborated more. From the top of my head:
* Tesla's net profit doesn't come from selling cars to consumers but from selling tax credits to other companies [1].
* Tesla is quite aggressive and creative in its non-GAAP accounting, famously 20% of quarterly profits are accounts receivable.
* Elon is not a founder of Tesla, but sued the founders to be able to call himself one.
* No competitor working on autonomous driving thinks that Tesla will get there, yet Elon promises that robotaxis are just around the corner for several years now.
* Elon was one of the first prominent Covid deniers, then had to turn around and promised to deliver ventilators, none of which were delivered.
* When customers came in for warranty repairs, Tesla had them sign an NDA that the repair was goodwill, therefore not having to report numbers on warranty repairs to NHTSA and being able to use different accounting methods.
* During factory visits with journalists, no worker is allowed to speak with visitors or vice versa.
* Quality assurance in the Fremont factory is sub-par, assembly is done in a tent outside of the factory, even Elon himself says don't buy cars during end of quarter production ramps.
* Tesla is facing several hundred litigation lawsuits each year.
* Tesla is the company with the most OSHA violations in the US, and, according to whistleblowers, in emergency situations workers are sent back to work or taxis are called instead of ambulances so that no accidents have to be reported.
* As the CEO of a billion dollar company, Elon personally likes to "take revenge" on whistle-blowers, journalists and critics.
This is just from the top of my head, there are a lot more red flags here (each one being a massive rabbit hole).
For the record, I think EVs are a net win, Tesla/Musk have done a great job promoting EVs, Tesla cars do offer a great experience, I have no stock position on TSLA etc.
* Tesla's net profit doesn't come from selling cars to consumers but from selling tax credits to other companies [1].
* Tesla is quite aggressive and creative in its non-GAAP accounting, famously 20% of quarterly profits are accounts receivable.
* Elon is not a founder of Tesla, but sued the founders to be able to call himself one.
* No competitor working on autonomous driving thinks that Tesla will get there, yet Elon promises that robotaxis are just around the corner for several years now.
* Elon was one of the first prominent Covid deniers, then had to turn around and promised to deliver ventilators, none of which were delivered.
* When customers came in for warranty repairs, Tesla had them sign an NDA that the repair was goodwill, therefore not having to report numbers on warranty repairs to NHTSA and being able to use different accounting methods.
* During factory visits with journalists, no worker is allowed to speak with visitors or vice versa.
* Quality assurance in the Fremont factory is sub-par, assembly is done in a tent outside of the factory, even Elon himself says don't buy cars during end of quarter production ramps.
* Tesla is facing several hundred litigation lawsuits each year.
* Tesla is the company with the most OSHA violations in the US, and, according to whistleblowers, in emergency situations workers are sent back to work or taxis are called instead of ambulances so that no accidents have to be reported.
* As the CEO of a billion dollar company, Elon personally likes to "take revenge" on whistle-blowers, journalists and critics.
This is just from the top of my head, there are a lot more red flags here (each one being a massive rabbit hole).
For the record, I think EVs are a net win, Tesla/Musk have done a great job promoting EVs, Tesla cars do offer a great experience, I have no stock position on TSLA etc.
[1] https://edition.cnn.com/2021/01/31/investing/tesla-profitabi...
/Edit plainsite has a good report here: https://www.plainsite.org/realitycheck/tsla.pdf