Look at Tesla. It's a giant ponzi scheme with the trappings of legitimacy.
Tesla 3 only - over 500,000 ordered, almost none delivered. Promises that it will all be fixed in 2018. Yeh, Right!
Never mind the other ventures of Mr. Musk.
Bernie Madoff was all paper. Tesla and it's subs have some assets to show, but at the end of the day, it's only the senior shareholders who will realize anything.