> At least, I recall him saying they were at one point about 2 days away from bankruptcy.

Elon has said several variations of this have happened on several occasions.

And yet this fragility never really made it into IR reports or SEC filings or annual reports.

So either he exaggerates (shocking concept from a man whose company has on multiple occasions had to follow him around and say "his claims of Tesla doing X, or doing it by Y date, are visionary, and not statements of fact"), or there's some hinky accounting going on.