Einhorn Returns Model S as Tesla Short Dents Greenlight's Returns

The transcript discusses David Einhorn's disappointing second-quarter performance and his involvement with Tesla, including owning a Model 3 while shorting the Model S. Einhorn criticizes Tesla, leading to a humorous response from Elon Musk. Einhorn's letter to investors admits mistakes but maintains their strategy. The transcript also covers a unique Tesla earnings call where Musk discouraged buying Tesla stock due to volatility, causing a negative market reaction.

What was David Einhorn's investment strategy regarding Tesla?

• He invested in Model 3 and shorted Model S.

• He shorted both Model 3 and Model S.

• He shorted Model 3 and invested in Model S.

• He invested in both Model 3 and Model S.

How did Elon Musk respond to David Einhorn's criticism?

• By sending him a gift of short shorts.

• By increasing Tesla's stock price.

• By ignoring it completely.

• By publicly apologizing.

What was the main message in David Einhorn's letter to his investors?

• He announced a complete change in his investment strategy.

• He admitted mistakes but decided to stick with his strategy.

• He planned to invest more in Tesla.

• He decided to sell all his Tesla shares.

What was unique about the Tesla earnings call?

• It resulted in a significant increase in Tesla's stock price.

• Elon Musk refused to answer any questions.

• Elon Musk's responses were unconventional and dismissive.

• It was the shortest earnings call in history.

What was the market reaction to the Tesla earnings call?

• The shares increased significantly.

• The shares remained stable.

• The shares fell significantly.

• The shares were unaffected.