#CanaryInTheTeslaCoalMine
MisterGreen @MisterGreenEU (MG), that Dutch leasing company with 100% $TSLA fleet and #CanaryInTheTeslaCoalMine:

🚨 trouble now confirmed by its senior lender 🚨

Great thanks to my follower who shared the latest report of the ASR Private Debt Fund!

🧵
1/12
November 21, 2024 at 9:12 PM
Calling it now:

🚨#MisterGreen co-founder Mark Schreurs is preparing for life after MisterGreen 🚨

Feels like a #MisterGreen bankruptcy is very imminent now.

#Tesla
#CanaryInTheTeslaCoalMine

🧵1/7
March 24, 2025 at 3:46 PM
The #CanaryInTheTeslaCoalMine is one step closer to death 🪦.

Newspaper confirms that MisterGreen stopped interest payments on its subordinated debt 😢.

That has not stopped Florian from grandstanding about his #TESLA “robotaxi fleet” on Xitter though.

1/2
December 21, 2024 at 10:29 PM
Thank you so much!

My non-Dutch followers will certainly appreciate!

#CanaryInTheTeslaCoalMine
April 10, 2025 at 1:50 PM
The sheer megalomania and delusion of this MisterGreen
co-founder...

"Waisted" €21M of MG bondholder capital.

Has still not published 2023 "final financials.

Don't wait for his "take" on yesterday's NHTSA letter to #Tesla (won't fit in his Robotaxi narrative).

#CanaryInTheTeslaCoalMine
May 13, 2025 at 7:42 AM
🚨Mainstream Dutch press confirms problems at #MisterGreen, the 4'000+ #Tesla car lease company.

Deplores fate of the retail bondholders.

Dutch language only unfortunately.
Audio segments hit hard!

#CanaryInTheTeslaCoalMine

www.bnr.nl/nieuws/onder...
Noodlijdend MisterGreen veilt stilletjes tientallen Tesla’s per week
Dit gebeurt buiten medeweten van benadeelde particuliere beleggers.
www.bnr.nl
April 10, 2025 at 1:26 PM
The recent increase in #Tesla shareprice is of no help to
MisterGreen (MG), a Dutch leasing company that has bought about 6'000 #Tesla cars.

This #CanaryInTheTeslaCoalMine is still operating (running off the lease book) but dying a slow death ⚰️.

Mega 🧵 1/13
September 16, 2025 at 7:13 PM
Update on MisterGreen, that almost-dead #CanaryInTheTeslaCoalMine:

Further anecdotal evidence that the fleet of MG has shrunk significantly, having stopped new #Tesla car leases back in 2024:

Cofounder Mark is looking to sub-let chunks of the MG fleet warehouse.

1/4
December 11, 2025 at 3:14 PM
Dutch press "Financieele Dagblad" fd. nl article confirms:

🚨Mistergreen #CanaryInTheTeslaCoalMine is agonising ! 🚨

🔹Bondholders got an email 😔

🔹Financials for 2023 to be published only in January 2025.

1/3
December 14, 2024 at 9:22 PM
Update on that pre-eminent #CanaryInTheTeslaCoalMine: MisterGreen (MG).

TL/DR: MG still operates. Its founders keep up appearances. But its fleet of #Tesla cars keeps shrinking, and a conclusion of the saga seems awfully close.

🧵1/10
June 5, 2025 at 2:22 PM
It's official: MisterGreenEU, that #CanaryInTheTeslaCoalMine, is dead ⚰️.

🔹bondholders wiped out completely,
🔹senior lenders suffer a big but unspecified haircut.

Remember - MG had a lease fleet of 4'500 #Tesla cars at its peak.

1/3
December 18, 2025 at 9:32 PM
I was right (unfortunately for the
MisterGreen bondholders):

🚨Mistergreen is defaulting on ALL 22 oustanding subordinated bonds, not only Series 11.

#CanaryInTheTeslaCoalMine

1/3
February 21, 2025 at 2:31 PM
My interpretation: Florian did not find new capital for his insolvent leasing company owning > 4'000 #Tesla cars.

So he moves his greenwashing grift closer to his cult leader fElon SkuM.

And far away from his angry Dutch bondholders.

#CanaryInTheTeslaCoalMine

MisterGreen going belly up...
February 5, 2025 at 3:06 PM
Things are going further downhill for MisterGreen.

They now sit on 360 end-of-first-lease #Tesla vehicles that can't be sold in the used car market without booking a loss.

No takers for an occasion lease at these prices either.

2023 financials still missing.

#CanaryInTheTeslaCoalMine
February 17, 2025 at 1:46 PM
3/6

In reality MG is behind with interest on 7 of the 22 issues already (series 1, 2, 3, 11, 12, 13, and 14).

Series 20 with maturity on 5th of May will see the first default on principal.

#CanaryInTheTeslaCoalMine
May 1, 2025 at 4:25 PM
I can't prove it (yet) but I bet that that steady trickle of #Tesla cars being auctioned off via Troostwijk in Alblasserdam (Netherlands) also originates from MisterGreen, that #CanaryInTheTeslaCoalMine.

Any of my Dutch followers willing to do some gumshoe investigation?
August 22, 2025 at 12:44 PM
The Mistergreen financial reports are back ! www.mistergreen.nl/documentatie

Preparing to post the 2023 financials? They are in breach of their statutes and Dutch regulations. Should have been up before end of November.

#Tesla FSD / Robotaxi won't save this #CanaryInTheTeslaCoalMine.
December 7, 2024 at 9:27 AM
What is the annual cost for an additional domain name in Europe? 50 €?

That seems still too much for MisterGreen, the #CanaryInTheTeslaCoalMine.

Financials for 2023 are still not available, at least not for the public, and not even for its bondholders.

1/3
January 9, 2025 at 4:31 PM
MisterGreen Holding BV financials for 2023 are now available on kvk (Dutch chamber of commerce),

in a "preliminary" unaudited version.

On basis of going concern, despite breach of senior lending covenants.

Plenty other obscenities.

#CanaryInTheTeslaCoalMine

Will be back with more soon.
January 21, 2025 at 9:07 AM
How is MisterGreen's #Tesla Occasion lease program doing?

One indicator: count how many Model 3 cars are offered at only €399/month.

1 : business as usual (399€ is clickbait only)
3 : need to work it harder
9 (today): we are desparate!

#CanaryInTheTeslaCoalMine
January 20, 2025 at 1:43 PM
Looks like MisterGreen,

that #CanaryInTheTeslaCoalMine sitting on thousands of #Tesla cars,

has not found fresh capital yet.

Maybe a random visitor will have €20M in his pocket to lift the company out of deep insolvency AND bail out the retail bondholders, victims of greenwashing.
January 23, 2025 at 12:20 PM
So the #CanaryInTheTeslaCoalMine is good as dead, its bondholders wiped out.

The only reason senior lenders are not pushing for MG bankruptcy is because throwing 4'000 $TSLA cars onto the used car market would be worse than a controlled disposal of the fleet.

10/12
November 21, 2024 at 9:12 PM
MisterGreen is cutting costs. It eliminated the MisterGreen .eu internet domain, as well as the .pt and .es sites where it was trying to sell end-of-lease #Tesla cars.

It kept the .de and .be domains, where you can still read grotesque hype about the #Tesla Model 2.

#CanaryInTheTeslaCoalMine
March 5, 2025 at 4:51 PM
MG has still not published its 2023 financials.

The #CanaryInTheTeslaCoalMine is not totally dead yet, as it continues its occasion lease program.

Which gives us further clues.

I have been tracking the number of $TSLA Model 3 offered on the MG website:

6/12
November 21, 2024 at 9:12 PM
This morning MisterGreen had a server outage but is now back to listing 234 #Tesla cars available for occasion lease.

That is over 5% of the fleet incurring costs rather than income.

#CanaryInTheTeslaCoalMine

2/2
March 4, 2025 at 2:05 PM