At the Sohn Investment Conference on Monday, Greenlight Capital founder David Einhorn said CEO Elon Musk's Tesla promises are 'horse---t.'
At the Sohn Investment Conference on Monday, Greenlight Capital founder David Einhorn said CEO Elon Musk's Tesla promises about autonomous vehicles are "horse---t."
The Sohn conference convenes fund managers who volunteer to present their investment ideas to help raise money to fight pediatric cancer.At the Sohn Investment Conference in Manhattan on Monday, Greenlight Capital founder and president David Einhorn saidCEO Elon Musk's promises about Tesla's self-driving vehicles amounted to "a lot of horse---t."
Last year, Einhorn and Musk clashed over Greenlight's short position in 2018, after the hedge fund suffered losses from Tesla's rising share price in the second quarter. After that clash, Musk fans at Chubbies, a mens' apparel business, sent aAt the Sohn Conference, Einhorn quipped: "Napoleon once said, 'Never interrupt your enemy when he's making a mistake,' so I won't. Just watch the screen.
"It's financially insane to buy anything other than a Tesla. They will be like owning a horse in three years," – Elon Musk, April 22, 2019"That's a lot of horse---t," Einhorn concluded, with a slide that showed a poop emoji replacing Musk's face in the slide, inspiring some chuckles from the audience.
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