The Financial Times has issued a retraction for an article it recently published that accused Tesla of shady accounting practices.
The allegations were based on a discrepancy in Tesla's reported capital expenditure and the valuation of the assets it was spent on.
However, the Financial Times retracted its claims, suggesting that payments for assets already purchased and the disposal of depreciated property could explain the alleged discrepancy.
Tesla CEO Elon Musk responded to the retraction, stating, "Turns out FT can't do finance."