SpaceX founder Elon Musk reacts at a post-launch information convention after the SpaceX Falcon 9 rocket, carrying the Crew Dragon spacecraft, lift
SpaceX founder Elon Musk reacts at a post-launch information convention after the SpaceX Falcon 9 rocket, carrying the Crew Dragon spacecraft, lifted off on an uncrewed take a look at flight to the Worldwide House Station from the Kennedy House Middle in Cape Canaveral, Florida, March 2, 2019.
Mike Blake | Reuters
Tesla founder Elon Musk has fired again at considered one of his largest hedge fund adversaries, ridiculing Greenlight Capital founder David Einhorn in a letter shared on Twitter for his place in opposition to the electrical automobile maker.
Musk addresses Einhorn as “Mr. Unicorn” and himself as “Treelon,” stating the losses that Greenlight has suffered as a result of its brief place in opposition to Tesla.
Whereas the corporate’s shares are barely optimistic for the 12 months, they have been on a tear currently since crushing third-quarter earnings estimates greater than two weeks in the past. The inventory is up 7.1% this week and 39.8% over the previous month, main Musk to take a victory lap. He accused Einhorn of creating “quite a few false allegations in opposition to Tesla.”
“It’s comprehensible that you just want to save face along with your buyers, given the losses you suffered from Tesla’s profitable third quarter, particularly since you have had a number of down years in efficiency and a pointy drop in property underneath administration from $15 billion to $5 billion,” Musk wrote. “You might have our sympathies.”
CNBC has reached out to Greenlight…