FBI Is Investigating If Tesla Misstated Info About Model 3 Production

 

Tesla car crash – Elon Musk doesn’t do things by halves (picture: indianexpress.com)

Electric Vehicle maker Tesla, which released astounding Q3 figures yesterday, suggesting the company had turrned a $1billion plus loss in Q2 into a multi million surplus in the third quarter of this year (more on that a little further down the page,) looks to be courting more trouble from Stock Market regulators, and simultaneously tempring the FBI to get involved.

While we already know that following a statement by loony CEO Elon Musk to the effect that he was taking the public company private, a move that netted Musk millions as the value of his holding soared, but resulted in a regulatory investigation as Musk did not have the finance to carrry out the change,  a second SEC investigation is taking place in relation to Tesla’s Model 3 production, because Tesla overstated production figures after news was leaked that production was well short of the break – even target. This afternoon the Wall Street Journal dropped a bombshell  by revealing that a Department of Justice investigation into Model 3 production numbers was also not only was taking place, but was also intensifying.

According to the Wall Street Journal, the FBI is examining whether Tesla misstated information about production of its Model 3 dating back to early 2017. Action in the criminal investigation is reported to have intensified since Musk settled with the SEC last week.

The Journal also reports that the FBI has contacted former Tesla employees for testimony in the criminal case. Many former employees have received subpoenas and have been interviewed by the FBI.

Tesla shares quickly dropped almost $25 off highs on the news before bouncing after releasing its own response, stating it has only received a “voluntary request for documents” and not a subpoena. If people believe any statement from Tesla any more they deserve to lose their money.

Here’s what an experienced US market analyst had to say about those third quarter profits yesterday:

Analyst Erupts At Tesla: “They Used Every Trick From Every Fraud To Put Lipstick On Q3 Results”

by Adventures in Capitalism

On October 11, I noted that “…I have booked all of my Tesla (TSLAQ – USA) Jan 2019 250/175 put spreads after owning them for almost a year, at a reference price of $255 compared to a reference price of $320 when I first wrote about them. While I am certain that Tesla collapses in the near future, all evidence seems to show that they’ve used every trick from every financial fraud over the past 100 years to put lipstick on the Q3 financial results.” Modern day Ivar Kreuger has not disappointed.

Over the years, I have purposefully kept accounting and numbers to a minimum on this site—they’re “boring.” Besides, if you must use a fancy spreadsheet to prove a point, then your thesis isn’t very good to begin with. The numbers should fit onto a bar napkin after a full night of drinking. Unless, of course, you suspect fraud—in that case, numbers and financial ratios are everything. With that out of the way, let’s delve into the Q3 Tesla numbers.

Big picture, from Q2 to Q3, there was a sequential improvement in operating income of $1.038 billion, and they delivered 43,007 incremental cars. That’s $24,140 per incremental vehicle on a car that is retailing for as little as $49,000. No other auto OEM even comes close to that. Something simply doesn’t add up—so I went looking for it.

I get that when revenue grows, you get operating leverage. This can be seen where SG&A as a percentage of revenue declined for 4 sequential quarters (green). This is normal. You would expect with a huge increase in Q3 revenue, that there would be more operating leverage. Would you expect that SG&A drops 2.8% sequentially on a 70.5% increase in revenue (red)? That’s not how manufacturing companies work. The expense is obviously still there, we just don’t know where they hid it…

Meanwhile The Daily Telegraph was running a story about how lousy electric cars are when faced with real, open road driving conditions (they don’t like hills according to this road test, carried out in southern England. Imagine driving one round the Lake District, the north Pennines, Snowdonia or the Scottish Highlands.

Violent Crime Rates Are Rising, Convictions Are Falling. Here’s Why

From news leaked last week we learn that London’s Muslim Mayor ‘Unhappy Richard’ (Sadiq) Khan’s pet ‘Hate Hurts’ program has caused 900 police officers to be assigned to ‘hate crime’ duty, which requires internet monitoring of “offensive speech” about Muslims.

Obviously Khan doesn’t care about the people suffering life changing injuries as with 900 coppers off the streets being paid to sit around watching monitoring the internet (or more likely spending 90% of their shift watching Porn Hub or You Porn, the crims have a free pass to do what they like so long as the victims aren’t Muslims. The soaring knife crimes and acid attacks by Muslims (oh yes, that’s an easily verified fact mainstream media do not care to report,) as well as paedophile Pakistani Muslim sex grooming gangs operating without let or hinderance not only in Rotherham but all over the country, are not just the result of police being too busy monitoring the internet for so-called “hate speech” to actually do their jobs, that’s only a recent innovation in policing methods.

The policy of soft pedalling in immigrant crime has been going on for decades and is not just a British practice but is widely adopted throughout the EU’s more prosperous nations. The worst cases are Sweden, Germany and Belgium, where ruling elites seldom venture out of their ivory towers to talk to real people and learn what is going on in the working class areas they have flooded with ignorant, illiterate, racist religious nuts who demand Sharia Law be elevated over national law and absolutely refuse to integrate.

The following is an open letter from one of the victims of the Muslim grooming gangs that were allowed to operate in Rotherham for many years as police ignored reports of the crimes while politicians and local authority officials dismissed complainants as racists.

Stop Evil Rape Gangs getting such short sentences and help me get Justice for Survivors.

My name is Elizabeth, and I am one of the 1400 Rotherham ‘Survivors’ now estimated to be 2800 and I am trying to stop the early release of Murabek Ali, and to make the Police and Councils accountable for totally ignoring thousands of vulnerable girls, who like me, have suffered horrific abuse, trafficking, beatings, race hate, and gang rapes, at the hands of violent grooming gangs now operating ALL over Britain.

Less than 1% have ever been prosecuted, therefore most survivors live in constant fear as their rapists/abusers have never even been arrested! Those that are prosecuted serve ridiculously short sentences. Something has to be done!

Mubarek Ali was sentenced to 22 years in 2012 along with his brother Ahdel (who was jailed 18 years) for a raft of sexual offences including pimping out young girls many as young as 12 to workers at a curry house for £150 sex sessions.

During the brothers’ trial the court heard that the two men systematically groomed young girls for after hour sex sessions at the restaurant. Mubarek Ali was convicted of four charges of controlling child prostitution, two of trafficking in the UK for sexual exploitation and a charge of causing child prostitution.

Judge Patrick Thomas QC said the brothers’ motives were “squalid, demeaning and selfish”. He said the brothers were both “cold hearted and cynical” and “present significant danger to the public” and told them that they had shown “no remorse or regret”.

Ali will be released in November, because of the misleading way sentences are served and because of changes to the sentencing laws in 2003 allowing automatic release after serving just HALF their sentence and without a parole board! However this should NOT apply to dangerous sex offenders. The system also totally failed to inform victims of his release after serving just 5 years.

His victims in Telford who gave evidence in this horrific child sexual exploitation case five years ago are living in fear of his release.

CSE victims are so often overlooked and let down. The custodial sentences given for this horrific crime are disgracefully short and need to be reviewed. Ali has served just 5 years for horrific rape and abuse of young girls, his victims will have a ‘life sentence’ of horrific memories and anxiety.

We would also like a criminal investigation to be launched by the government into Police forces and Councils throughout Britain who have stood back and allowed these men to traffic, beat, gang rape and destroy the lives of so many girls for decades.

An example needs to be set to stop these grooming gangs, this is also RACIALLY MOTIVATED HATE CRIME against mainly white girls, they target their victims due to the fact they consider white girls worthless and slags, therefore it should also be treated as race hate crime, and any prison sentences should reflect this fact. These monsters deliberately target vulnerable girls as young as 12 giving them gifts, food, and plying them with alcohol, and forcing them to take drugs, for the purpose of trafficking them for abuse, they control beat, humiliate, degrade and regularly gang raping them, keeping them silenced by use of threats, violence and intimidation.

Longer sentences are served by many who commit fraud. LET THAT SINK IN A MOMENT!!! Britain’s government and law system believe that FRAUD is a worse crime than RAPE!

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Police Forces Taking Days to Respond to 999 Calls … While Hate Crime Declared a Priority

the daily stirrer
Source: creepingshariafiles.com

Following the declaration earlier this year by the Terrorist Party Mayor of London, Sadiq Khan, announced that in future London’s Metropolitan Police Force would not investigate minor crime but would in future be proritizing the prosecution of those deemed to have committed ‘hate crimes’, other police forces in Britain are following suit and declaring that tackling so-called hate crime a “priority”. The police watchdog has released a report revealing officers are taking days to respond to emergency calls.

Her Majesty’s Inspectorate of Constabulary and Fire & Rescue Services (HMICFRS) reported that “the system is under severe strain and in some forces the cracks are showing” in its annual review of policing in England and Wales, which warned there were “considerable delays” in responding to 999 calls for assistance in some forces.

Vulnerable people are being put “at risk” by the lack of a prompt response from some forces, according to the report, which disclosed that between 20 per cent and 50 per cent of reports requiring police to send a unit within 24 hours missed the target in one region. Strangely enough, it does not mention that the cops are keen as mustard when a Muslim complains that some bloke, by eating a bacon sandwich in the street, has commited a hate crime against Islam.

Though HMICFRS emphasised most forces were managing to keep the public safe at a time when officers are under “significant stress” from rising crime and reduced budgets, the watchdog noted that “too often”, victims were not getting a prompt response. Again the report failed to mention that most of the increses in violent crime are occurring in areas with a high proportion of recent immigrants in the population.

Crime figures released in February this year reveal that fatal stabbings in England and Wales are at the highest level since 2010-2011, while rapes at knifepoint rose by 23 per cent in the past year. London in particular, where you will recall, mayor Sadiq Khan has ordered the police to prioritise ‘hate crime’ is experiencing a huge surge in violent crime, particularly knife crome and acid attacks, often on randomly selected members of the public. But so long as the victims don’t have dark skin that little racist shit Khan does not seem to care.

Nationwide data from the Office for National Statistics (ONS) recorded 413 rapes involving a knife in the year to March, up from 334 the previous year, while in 2010-2011 the number stood at 258.

The statistics show fatal knife attacks also rose last year and revealed that while the number of female victims was the lowest in a decade, at 51, the number of males murdered in deadly knife attacks was the highest since 2009, standing at 164.

“Male victims aged 16 to 24 years and 35 to 44 years have seen the biggest increases over the last year, with both groups having 10 more homicides than in the year ending March 2016,” the ONS reported.

Overall, 215 people died in fatal attacks using a knife or other sharp instrument last year, which marked the highest number since the year to 2011, in which 236 people were killed.

Official data released in January showed the surging rate of violent and sexual crime in the UK had been accelerating faster than previously thought, with violent crime overall rising 20 per cent. The Lancashire Evening Post reported the latest ONS figures show “huge rises in robbery, sex and violent crime” in the country, where a number of regions recorded “alarmingly high increases” in offences over the last 12 months.

Social Science Degrees Make Great Leaders? More Junk Science.
We’ve had junk science on climate change, genetically modified seeds, many types of medicines and social engineering. The junkiest of junk science however is always commissioned by public service organisations and is aimed at convincing the public that our public servants are doing a good job. Fortunately the public are not as gullible as our leaders suppose.

Swedish PM Admits Immigration, Crime ‘Challenges’ — Denies ‘No Go Zones’
Sweden’s Prime Minister has admitted a link between gang violence and mass migration in a press conference alongside U.S. President Donald J. Trump in the White House today, but says that his government is solving the situation. Speaking on the subject of crime and immigration, Stefan Loefven, who has previously criticised President Trump’s warnings over …

Adolescent Girl Raped By 60 Men In Asian Grooming Gang
A trial jury atThe Old Bailey, London, heard yesterday the harrowing ddetails of how two schoolgirls were groomed and raped by an paedophile gang based in Aylesbury, Bucks, while aged just 12 and 13. Eleven gang members, accused of carrying out the crimes between 2006 and 2012 face 49 criminal charges between them including statutory rape, child prostitution and creating child pornography, The Daily Mirror reports.

Poldark female star: Obsession with topless Aidan Turner is ‘sexist and undermines the show’
The latest outburst has come in response to a few tabloid stories of actor Aidan Turner’s ‘topless’ appearances in the BBC television series Poldark. The screeching sisters can’t really complain about male chauvinism as it is women who are lusting for Ross Poldark. So the ladies (?) are upset because they can’t go topless too.

London’s Met Police Won’t Investigate Minor Crime, Only ‘Hate Crime’
It’s official then, British heterosexuals are second class citizens, only members of minorities matter. A tad extreme you might well think, but how else are we to interpret the news that London’s Metropolitan Police force will in future investigate crimes if officers are required to watch CCTV for more than 20 minutes or there is …

More Swedish PC Madness. Art treasures declared pornographic and offensive to women and Muslims
Crazy California has for many years held the title of global capital of politically correct isanity, but recently Sweden, always a contender, has shown signs of taking the title. The latest example of PC fuckwittery from Sweden’s politically correct in their efforts to sacrifice western civilisation to feminist self righteousness and Muslim extremism left suggests they might be ready to assume the title, craziest place on earth.

Nineteen Eighty-Four: Sweden’s Ministry of Truth to ‘Gender-Adjust’ History Books

Multi-Cultural England: Are You Feeling The Progressive Diversity.
As racial and sectarian tension increase on the streets of britain while politicians gear up for the election campaign, we take a look at the state of Britain today, Imigrant child abuse gangs, Clerics of alient faiths dictating moral strictures, and everywhere we look, foreigners being given provieged status. Is it any wonder the voters are angry?

German Feminist Says Authorities Covered Up Muslim Sex Crime For Twenty Years
Police and Authorities Covered Up Problem For 20 Years say prominent German womens’ Rights Campaigner. As the outcry about sex attacks on European women by recently arrived Muslim migrants refuses to die down, a leading German feminist, Alice Schwarzer, has said the politically correct “bubble has burst” and Germans should speak out against Islamic extremism and …

“>Mothers banned from breastfeeding at breastfeeding conference
‘Mothers invited to a Scottish Government-backed breastfeeding conference were left angry and bemused after being told that they would not be allowed to breastfeed their babies.

Labour’s Cockfish Reveals How Mainfesto Will Piss You Off.
All three main parties in the UK General Election are campaigning from a Politically Correct Consensus (i.e. Control Freak) platform. But whenm it comes to politically correct control freakery, Labour will always outdo the others. The main early thut of their campaign is a promise to criminalise sugary snacks and breakfast cereals, fatty foods and some fizzy drinks. And they’re serious, they have handed the job of selling this idiocy to The Cockfish of British politics.

Computer Cops Will Arrest You Before you Commit A Crime
Innocent until proved guilty has always been a basic principle of British and before the Union, English and Scottish justice. Since late in the ninth century when King Alfred signed into law the Liber Judicialis, the nearest thing England and Great britain has ever had to a written constitution or, until recently ever needed, the …

Oxford University Bans All Things Pig Related In Support Of Free Speech
When does being reasonable and open minded become cowardice? When academics who pride themselves on intellectual detachment cave in to threats from extremists and try to pass off their pitiful weakness by pretending they are showing sensitivity to the feelings of minorities. Don’t send you little geniuses to Oxfor, they may and up with a PhD in spinlessness.

Liberal Says We Shouldn’t Prosecute Sexual Predators… if They are Black.
There are plenty of examples of the depths of stupidity to which ‘liberals’ or supporters of ‘the progressive left’ will stooop in order to curry favout from members of the darker skinned races, but few are as staggeringly idiot as this one.

It’s Too Late! The Thought Police Are At The Door. Bad Taste Is Now A Crime
Thought crime is here to stay, and not just thought crime, but thoughtlessness crime, bad taste crime and wrong place at the wrong time crime. The Thought Police are on the march and soon they will control your minds. Their chief weapons are fear and surp … no, we will not do that. Thought Criminal …

The Feminist Witch Hunt That aims To Destroy Ched Evans

British Democracy In Terminal Decline – Voting Is Redundant And Civil Liberties Are So Last Year
When did democracy go out of fashion. I don’t remember voting on whether we wanted to give up our civil liberties or be ruled by a dictatorship of unelected bureaucrats from Brussels, but that is where we are heading, along with the other free nations of Europe. And the USA, so-called land of the free is further along the road to fascism than Europe.


South Yorkshire Police Commissioner Shaun Wright Finally Resigns Over Rotherham Child Abuse Scandal

The man who bears most responsibility for failure to investigate the Rotherham child abuse scandal has finally resigned after three weeks of excuses and evasions. Police Commissioner Wright has been under pressure ever since a report by Prof Alexis Jay (see below) revealed a huge level of child abuse in the South Yourkshire town of Rotherham. The organised sex crime rings had been operating for …

Stupid Criminal Of The Week – Stolen Shoes Cost Him An Arm …

… but not a leg it turns out. And they weren’t even new shoes. teenager lost his arm when an absolutely stupid robbery he attempted went idiotically wrong.

Police say the 17-year-old boy, Zachary Sam, contacted a 39-year-old man known as “Phil” who was selling a pair of Air Jordan shoes on Craiglist. They arranged to meet at the junction of Avenue M and East 84th Street in Canarsie, where the teen got into the seller’s car and pulled out a gun, police said. The teen stole the sneakers and then walked away.

Unfortunately the thief only managed to get 100 yards or so when the driver made a U-turn, stepped on the gas and ran over the teenager, severing his arm, police told PIX11.

The teen, missing his arm, managed to jump on an MTA bus, where he demanded a MetroCard. Just then, the victim yanked the teenager off the bus and told the driver he’d robbed him. Then the teen escaped his clutches again and ran home, where he collapsed, police said.

He is now in a stable condition in hospital and doctors are hoping to be able to reattach the arm.

The driver now faces an attempted murder charge. His relatives said his actions were done in self-defense.

“He was just there to help support his family,” Phil’s cousin said. “What would you do if someone pulled a gun on you?”

News report with video

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Told By An Idiot
Nothing to do with Shakespeare though the title was borowed from him, but a collection of snipptes on the absurdities of life
Comedy, Humour and Satire menu
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London gangs ‘pressuring 9yo girls into group sex’ – Home Office report

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A London street gang (Image source)

Since the outrage of the mass sex crimes against German and European women in Cologne, Germany at New Year, 2016, more details are emerging from many countries in Europe of the nature of ‘cultural enrichment’ that left wing,politically correct thinkers insist is bestowed on our nations by immigrants from third would shit holes where a woman’s social status is somewhat below that of a goat or camel.

A new report from the UK Home Office, the government department that deals with law and order reveals that the street gang culture imported along with these illegal immigrants has led to girls as young as nine unlucky enough to live in areas ‘controlled’ by these gangs are being sexually exploited and forced to service multiple men, after being groomed to think such behaviour is ‘normal’.

The report on urban gangs in 19 London boroughs and 14 local authorities, reveals young girls are having sex with up to five gang members, without realizing they are being sexually exploited. (Download the full report or read online (.pdf) )

Echoing reports into the official coverup of police and local authority failures to investigate cases of grooming and sexual exploitation of under age girls by gangs of Asian men in Rotherham, Oxford, Manchester and many other cities and large towns,  the report, compiled from evidence by police and other officials working to tackle gangs, also found the children are often persuaded to engage in such activities with the lure of earning money or being given new trainers and tracksuits.”
 

It also warns of the use of young, often vulnerable, people to transport drugs to other parts of the country.” or become involved in other types of criminal behaviour.

Ministers have warned that children aged 9 to 14 are more likely to be involved in gangs now than they were two years ago.

The report’s findings come as the Home Office revealed new plans for tackling gangs. Measures include protecting children in care homes and pupil referral units from being “targeted” by gang members. Fine words, but of course there have been plenty of fine words and good intentions in the past, yet nothing changes.

from the report: Asked whether a girl got anything out of sex with 10 men, one associate said: “She gets to brag about it with her brethren.”

“Change taking place in society, whether violence in the home or on the streets, has lead to casual acceptance of violence which increasing in society. There is a cultural change,” Commander Dean Haydon, head of Scotland Yard’s homicide and major crime command, told The Guardian.
Drug dealing by gangs is “widespread,” with robbery and sex attacks being the most common criminal activities, the report reveals. One campaigner involved in tackling gang culture in London said:You get the guys talking of having group sex with vulnerable girls.
“Then you’ll have the girls talking about it as well but both will refer to it as though it was a normal thing. If you were to suggest it was rape or exploitation, they’d be horrified.

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Elsewhere: [Boggart Blog]…[Little Nicky Machiavelli]… [ Ian’s Authorsden Pages ]… [Scribd]…[Wikinut] … [ Boggart Abroad] … [ Grenteeth Bites ] … Ian Thorpe at Flickr ] … [ Tumblr ] … [Ian at Minds ] … [ The Original Boggart Blog] … [ Authorsden blog ]

AK47 Assault Rifles Used in Sweden Pub Attack, Death Toll Expected to Rise

Immigrant led terror hits the streets of another peaceful European nation. No doubt our leftie friends will be eager to tell us this kind of shit culturally enriches our societies. Theywill of course be met with the usual Boggart blog response … Now here’s the apalling news from Sweden:

Two people have been killed, and eight seriously injured after attackers burst into a crowded pub screening a football game and opened fire in the Swedish city of Gothenburg, reports from Sweden say. It is not known if the casualty count is final.

Information from Swedish police warns that people should expect the death toll to rise over the next few hours. Witnesses described the shooting as having started extremely quickly and being over before aunybody understood what had happened. TheLocal.se reports that, in the words of a witnesswho was in the bar at the time: “I didn’t have time to think what was happening. Then I saw that my friend was bleeding. I tried to stop the flow of blood as well as I could with my hands”.

terrorist shooting in sweden

Despite strict gun laws imposed in many European countries, the attack demonstrates the ease with which organised criminals and terrorist gangs can obtain high-powered assault rifles via criminal networks in the former Soviet republics. The weapons used in the Gothenburg attack, the motive for which has not yet been determined, are the same as the Paris Charlie Hebdo killings, and the Belgium Jewish museum shooting, among others.

Although no suspects have yet been arrested, police are reportedly saying the attack is an incidence of gang-related violence, which has been on the rise in Scandinavia, due to an influx of immigrants from lawless third world failed states. The apparent normality of such violence is summed up by the comments of one local resident who remarked that despite the fact “this is actually a quiet area” he admitted “there have been occasional shootings”.

According to Swedish newspaper Dagens Nyheter, the conflict in Gothenburg, Sweden’s second largest city is largely between a group of immigrant cartels, determined to capture the local drug trade. Over one fifth of all those now living in the city are immigrants, with some of the largest groups coming from Somalia, Iraq, and Iran. In Gothenburg and other Swedish cities, extortion of business owners by migrant gangs offering protection from other such gangs is becoming a fact of life for some, with police “powerless” to act. This is leading to ‘white flight’, an exodus of European residents and businesses from the cities.

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So Who’s Making Up Innuendos About Leon Brittan

The rumor mill has gone wild since the death of alleged dossier – shredder Leon Brittan. Bizarrely his friend Lord Deben seems to think the various allegations raging from Brittan’s role in covering up the activities of a Westminster paedophile ring, to his actual involvement in sexual abuse of children only originated recently.

Politicians who have used Twitter to make “innuendos and insinuations” about Lord Brittan are “wicked” and should “shut up”, a friend of the late peer has said.

Lord Deben, a former cabinet minister, accused MPs of maligning Lord Brittan’s reputation “in order to make themselves look as if they know something when they don’t”.

Brittan was also also accused of “improper conduct with children” by Labour MPs in the Commons in October last year, sparking a row over parliamentary privilege.

Two dossiers submitted to the Home Office, one by Geoffrey Dickens, the late Tory MP, the other by Former Labour Cabinet Minister Baroness (Battling Barbara) Castle but no record of any subsequent criminal inquiry has been found and both dossiers have disappeared.

Earlier this week another secret government file on ‘the unnatural sexual behaviour’ of politicians and public servants at Westminster was found by an academic carrying out research at the Government’s National Archive in Kew.

Is it too much of a very coincidence that the government figure whose name featured most prominently in the case died just a day after the ‘unnatural sex’ folder was handed to the authorities and news of its existence was leaked to the media? You may say that, we could not possibly comment.

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