REUTERS/Danny Moloshok David Einhorn’s Greenlight Capital told clients that Tesla’s stock should be performing much worse than it is. That’s according to an October 24 client letter reviewed by Business Insider. “Tesla had an awful quarter both in its current results and future prospects,” falling 6%, Greenlight wrote. “We believe it deserved much worse.” Greenlight threw […]
Tag: Einhorn
Here’s the David Einhorn presentation that gave a stock whiplash earlier this week
Reuters David Einhorn, the billionaire founder of hedge fund Greenlight Capital, presented his short thesis for oil and gas services company Core Laboratories on Monday. You can check out the full presentation, which was delivered at the Sohn Conference in New York City, below. In sum, Einhorn argued that analysts have been getting the company’s […]
Hedge fund manager David Einhorn is settling in for a ‘tough fight’ with GM (GM)
GM Greenlight Capital’s David Einhorn just laid out what’s going on with his activist move on General Motors. Earlier this year, Einhorn announced he had increased his position in the car company. The activist hedge fund investor proposed that GM create two classes of stock, and accused the company of misleading credit-rating agencies about the plan. […]