[bert]

-——The Internal Revenue Service is auditing SolarCity——

The common term for such a procedure is faux audit

It consists primarily of two or three letters and a press release.

[sportutegrl]

Looks like somebody ‘forgot’ to contribute to the reelection campaign.

[Cincinatus' Wife]

Oct 14, 2012: Tesla Motors: stuck in neutral? "......................The problem, according to the Journal, is that Tesla's steroid-like rise, up 63 percent since its June 2010 initial public offering, values the company at 118.3 times earnings-a valuation more befitting a company in tech, not autos.

And, the Journal adds, despite its celebrity cachet, Tesla still faces daunting competition from other auto makers who are also developing alternative-fuel vehicles.

Shares of Tesla closed trading down 2.1 percent on Friday at $27,65, with shares trading below their 50 -day moving average and well below the $32.54 close of September 17.

Tesla Motors Inc TSLA.O Chief Executive Elon Musk, on October 4, dismissed fears the electric carmaker was in financial trouble and said it was making an advance payment on the federal loan used to make its Model S sedan.

Tesla,in late September cut its full-year revenue forecast due to a slower-than-expected rollout of the Model S and said it was raising another $150 million through a share offering."