Elon Musk is undoubtedly a visionary CEO—you have to be to lead two huge companies at the same time: Tesla (TSLA) and Space Exploration Technologies (SPCX). Musk made plenty of Tesla investors richer over the years, and he’s done pretty well for himself as well, with a net worth of more than $700 billion at this writing.
But in looking at Tesla’s most recent earnings report, I see numerous red flags of concern surrounding the electric vehicle company. On the surface, Tesla is selling more products and services than ever and generated more than $100 billion in revenue on a trailing 12-month basis for the first time.