Don't Let Tesla's Accounting Error Distract You From the Real Story
In the following video, Motley Fool industrials analyst Blake Bos tells investors why Tesla Motors was forced to delay filing its annual report due to non-cash items on the capital expenditures investing section of its cash flow statement, which need to be reclassified. Blake tells us why he likes how the company handled its mistake, and why investors shouldn't be concerned. He then casts an eye ahead at Tesla's production goals, and tells us what kind of levels of production and demand we will need to see to justify the company's current valuation.
Near-faultless execution has led Tesla Motors to the brink of success, but the road ahead remains a hard one. Despite progress, a looming question remains: Will Tesla be able to fend off its big-name competitors? The Motley Fool answers this question and more in our most in-depth Tesla research available for smart investors like you. Thousands have already claimed their own premium ticker coverage, and you can gain instant access to your own by clicking here now.
The article Don't Let Tesla's Accounting Error Distract You From the Real Story originally appeared on Fool.com.
Blake Bos has no position in any stocks mentioned. The Motley Fool recommends General Motors and Tesla Motors. The Motley Fool owns shares of Tesla Motors. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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