Tesla's Own Auditors Say The Growth Narrative Is Currently 'Not Probable'
Tesla's growth narrative is currently deemed 'not probable' by its own auditors. The company's valuation is shifting away from its traditional auto business towards unproven sectors like autonomy and energy storage. Despite ambitious projections, the majority of key milestones are classified as unlikely to be achieved.
- ▪Tesla's valuation is increasingly based on sectors like autonomy and AI rather than its auto business.
- ▪The company's auditors have classified eleven out of twelve key milestones as not probable.
- ▪Management acknowledges the challenges in achieving massive scale in these unproven segments.
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