Finance

Tesla’s problems are mounting — here’s everything that has gone wrong so far this year (TSLA)

Musk poked fun at questions about Tesla’s financial health in an April Fools’ Day Twitter thread written in the style of a newspaper story.

“Tesla Goes Bankrupt Palo Alto, California, April 1, 2018 — Despite intense efforts to raise money, including a last-ditch mass sale of Easter Eggs, we are sad to report that Tesla has gone completely and totally bankrupt. So bankrupt, you can’t believe it,” Musk wrote.

Musk ended the thread with a photo himself pretending to be passed out against a Tesla vehicle covered by a cardboard sign reading “Bankwupt!”

“Elon was found passed out against a Tesla Model 3, surrounded by ‘Teslaquilla’ bottles, the tracks of dried tears still visible on his cheeks. This is not a forward-looking statement, because, obviously, what’s the point? Happy New Month!” he wrote.

Musk’s response didn’t please investors and analysts, who were concerned about Musk’s attitude toward criticism directed at Tesla.

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