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Gordon Johnson: Warranty Accounting Impropriety At Tesla Similar To Accounting At Wirecard

Gordon Johnson: Warranty Accounting Impropriety At Tesla Similar To Accounting At Wirecard Tyler Durden Tue, 06/30/2020 - 20:25 Right around the same time that Tesla was leaking to electrek that the company could break even in Q2.....»»

Category: blogSource: zerohedgeJun 30th, 2020

Tesla’s earnings inflated by around $200M/quarter from warranty fraud: Shortseller

Stanphyl Capital on issues Elon Musk faces ranging from competition facing Tesla Inc. (NASDAQ:TSLA) from electric SUVs to accounting issues. Excerpted from the hedge fu.....»»

Category: blogSource: valuewalkApr 30th, 2020

Why Gordon Johnson Says SunPower Is A "Perpetually Loss-Making" Company

Solar solutions and services provider SunPower Corporation (NASDAQ: SPWR) reported fourth-quarter results last week that include "accounting shenanigans" made Lat.....»»

Category: blogSource: benzingaFeb 18th, 2020

A 2nd Wirecard executive gets arrested following $2 billion accounting scandal

German prosecutors questioned and arrested a second executive on Monday in relation to Wirecard's $2 billion accounting scandal.  Prose.....»»

Category: topSource: businessinsiderJul 6th, 2020

"Pile of garbage": Wirecard"s stock is so toxic after its $2 billion accounting scandal that even the highly speculative world of day-trading is shying away

German fintech Wirecard filed for insolvency in June following a $2 billion scandal, which saw its former chief executive Markus Braun ge.....»»

Category: topSource: businessinsiderJul 5th, 2020

Munich Prosecutors Raid Wirecard Offices As Probe Into $2BN Accounting Fraud Heats Up

Munich Prosecuto.....»»

Category: personnelSource: nytJul 1st, 2020

Wirecard Fallout: Auditor EY Accused of Not Flagging $2.1B Black Hole Sooner

Following a sharp drop in the Wirecard stock price, the German shareholders' body holds EY responsible for not alerting the public sooner over the firm's accounting failures......»»

Category: forexSource: coindeskJun 29th, 2020

SoftBank to sue accounting firm over Wirecard scandal, Reuters reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJun 26th, 2020

SdK files claim against Deutsche accounting head over Wirecard, Bloomberg says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJun 26th, 2020

Regulators have ordered one of Wirecard"s key businesses to stop all activities and frozen customer funds amid its $2 billion accounting scandal

Reuters Wirecard's UK-subsidiary Wirecard Solutions Limited was ordered Friday by the UK regulator, the Financial Conduct.....»»

Category: topSource: businessinsiderJun 26th, 2020

Crypto.com’s Card Issuer Wirecard Files for Insolvency

Before Wirecard's insolvency filing, Crypto.com and TenX said customer funds were unaffected by their partner's accounting scandal......»»

Category: forexSource: coindeskJun 25th, 2020

Wirecard has filed for insolvency after a devastating scandal that saw $2 billion go missing and its ex-CEO get arrested

CHRISTOF STACHE/Getty Wirecard, a once-valuable German fintech firm, filed for insolvency on Thursday as it battles a huge accounting scandal. More than $2 billion went missing from the company's balance sheet a.....»»

Category: topSource: businessinsiderJun 25th, 2020

Wirecard stock will plummet to one euro as accounting scandal scares away clients, Bank of America says

Wirecard stock will plummet to one euro as accounting scandal scares away clients, Bank of America says.....»»

Category: topSource: businessinsiderJun 24th, 2020

Here"s how Wirecard went from analyst darling to a $2.2 billion accounting scandal — and cost SoftBank hundreds of millions in the process

REUTERS/Michael Dalder Wirecard, one of Europe's lea.....»»

Category: topSource: businessinsiderJun 24th, 2020

Tesla Analyst Gordon Johnson: "I Couldn"t Be More Bearish"

GLJ Research founder Gordon Johnson joined Benzinga’s PreMarket Prep show Tuesday. Latest Rat.....»»

Category: blogSource: benzingaJun 23rd, 2020

Wirecard pops almost 30% as its former CEO is arrested in connection with the company"s $2.2 billion accounting scandal

Peter Kneffel/pict.....»»

Category: worldSource: nytJun 23rd, 2020

Wirecard Short Sellers Bank $2.2B In Profits Off Accounting Scandal

Wirecard AG (OTC: WRCDF) shares have collapsed in the past two days after the company said it could not account for $2.1 billion in cash that was listed on its balance sheet. read more.....»»

Category: blogSource: benzingaJun 19th, 2020

Crypto Card Issuer Wirecard Says It’s Missing $2.1B in ‘German Enron’ Scandal

Wirecard admitted the accounting hole was roughly a quarter of the company’s total balance sheet......»»

Category: forexSource: coindeskJun 18th, 2020

Tesla Bear Gordon Johnson Says Production Cutback Imminent At Giga Shanghai

Close on heels of two sell-side downgrades, another analyst is offering a bleak outlook for high-flier Tesla Inc (NASDAQ: TSLA). Latest Rat.....»»

Category: blogSource: benzingaJun 12th, 2020

UCLA Prof Suspended, Under Police Protection After Refusing To Exempt Black Students From Final Exam

UCLA Prof Suspended, Under Police Protection After Refusing To Exempt Black Students From Final Exam Tyler Durden Wed, 06/10/2020 - 19:10 Authored by Jonathan Turley, Gordon Klein, an accounting professor in the .....»»

Category: worldSource: nytJun 10th, 2020

Tesla"s China, Europe Performance Suggests Historically Bad Q2, Says GLJ Research"s Gordon Johnson

Tesla Inc (NASDAQ: TSLA) shares appear to be on track to hit the psychological level of $1,000 — but GLJ Research analyst Gordon Johnson sees trouble ahead.  Latest Ratings.....»»

Category: blogSource: benzingaJun 3rd, 2020