This is a bridge
bridge people for free
On the road again

Elon Musk Burns Tesla Disbeliever on Twitter, Offers to Gift Short Shorts (Again)

Elon Musk

Elon Musk is offering to send short shorts to David Einhorn again. FREDERIC J. BROWN/AFP/Getty Images

Billionaire hedge fund manager David Einhorn[1], president of Greenlight Capital and a high-profile short seller of Tesla[2] stock, has suffered a few weeks of painful losses as a result of Tesla’s soaring share price. But, on the bright side, he can now expect one more gift box this Christmas—from the Tesla CEO himself.

In the past month, Tesla shares have soared[3] nearly 40% after the electric carmaker reported a surprising profit for the third quarter. But in a quarterly letter to clients, Einhorn argued that Tesla is still a “material loser,” alluding to the company’s controversial acquisition of SolarCity[4], a company founded by Elon Musk’s cousins, in 2016.

SEE ALSO: Elon Musk Reveals Some of His Unique Business Habits[5]

“[Musk] knowingly orchestrated a significant fraud by arranging the $2.6 billion acquisition at a time when SolarCity was insolvent,” Einhorn wrote. “Musk and his family had a huge conflict of interest, but rather than properly recusing himself, Musk initiated the transaction and drove the process.”

Upon learning the news, Musk sent Einhorn an open letter on Twitter, addressing the Tesla disbeliever as “Mr. Unicorn” and himself as “Treelon Musk.” (Here’s why[6].)

“It is understandable that you wish to save face with your investors, given the losses you suffered from Tesla’s successful third quarter,” he wrote, “especially since you’ve had several down years in performance and a sharp drop in assets under management from $15 billion to $5 billion. You have our sympathies.”

Einhorn acknowledged in his letter that Greenlight’s Tesla position did put a dent in fund performance in the third quarter, but highlighted that his funds overall returned 5.6% in the quarter.

“We also recognize your desire to feel somewhat relevant with your Tesla short position at a time when your friends in the Tesla short community have been noticeably recoiling from the public discourse,” Musk added. “… Please allow us to send you a small gift of short shorts to help you through this difficult time.”

If the promise is kept, this will be the second box of short shorts Einhorn receives from the Tesla CEO. Last summer, Musk sent Einhorn a box of defected short shorts[7] after Tesla shares jumped following a better-than-expected quarter.

“I want to thank Elon Musk[8] for the shorts. He is a man of his word!” Einhorn shared along with two pictures of the short on Twitter. “They did come with some manufacturing defects.”

Elon Musk Burns Tesla Disbeliever on Twitter, Offers to Gift Short Shorts (Again)


  1. ^ David Einhorn (
  2. ^ Tesla (
  3. ^ Tesla shares have soared (
  4. ^ SolarCity (
  5. ^ Elon Musk Reveals Some of His Unique Business Habits (
  6. ^ Here’s why (
  7. ^ sent Einhorn a box of defected short shorts (
  8. ^ Elon Musk (

Read more

Star InactiveStar InactiveStar InactiveStar InactiveStar Inactive
DJ Cuppy has revealed that most Nigerians do not like her. In a recent post made by popular DJ Cuppy, she
THE decomposing remains of a supermarket employee who vanished 10 years ago have been discovered in an 18-inch gap behind a freezer...
Cristiano Ronaldo has lost a bid for dismissal or complete secrecy in a federal lawsuit by an American woman who has...
FANS of MICHELLE OBAMA, wife of former US President Barack Obama, are clamouring for her to take a run at the...
Israeli startup targets phone scammers with new biometric trap ‘Hundreds of subtle signs’ are used by BioCatch software to spot a victim of...
The just concluded Islamic pilgrimage or hajj in Saudi Arabia has left 39 pilgrims, including five Filipinos, dead of various causes on...
Heart of a Champion: The Unbelievable Story of Kyle Maynard With no hands or feet, Kyle Maynard could make plenty of excuses. But...
Top 3 Hausa food and how to prepare them Do not miss this chance to taste Top 3 Hausa food and...
RISE ABOVE Zion Shaver left the wrestling mat to a rousing ovation last month. The 88-pound high school senior, born without legs,
Leaders of the five local government areas under Daura Emirate yesterday told President Muhammadu Buhari that they enjoy 24 hours power supply...

google ads


Su servidor no soporta flash players o javascripts, use por favor cualquiera de los siguientes links

google ads