By CCN: The frustrating thing about con artists is that they just keep fleecing suckers until the liquidity dries up. In the case of Elon Musk and Tesla, it appears that there is still an ocean of suckers out there. Fans of “What Will Elon Musk Lie About Next?” will not be surprised that Tesla’s announced $2.8 billion capital raise comes despite Elon Musk’s declaration that Tesla wouldn’t be raising any more capital. Savvy followers of Tesla stock and Elon Musk expected this move, because Tesla had to pay off a $920 million bond in March. Elon Musk’s Paltry Stock
The post Elon Musk: Tesla Con Man Betrays Lack of Faith in Cratering Company appeared first on CCN
source https://www.ccn.com/elon-musk-tesla-con-man-betrays-lack-of-faith-in-cratering-company
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