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Tesla short-seller Carson Block no longer ‘hostile’ to Elon Musk’s ‘bulls–t’

Tesla short-seller Carson Block no longer ‘hostile’ to Elon Musk’s ‘bulls–t’

NY Post
Thursday, August 12, 2021 05:19:51 PM UTC

Tesla short-seller Carson Block slammed Elon Musk as a “liar” for years — but now he’s come to develop a “newfound understanding” of the Tesla CEO’s “bulls–t.”

In a colorful letter obtained by The Post — Block’s first missive to investors since starting Muddy Waters Capital six years ago — the hedge fund manager said he’s done with buying put options betting the electric-car maker’s shares will decline. Those bets went to “Heaven” after “the Fed loosened in response to COVID” last year, he said. And while Block admits some continued disdain for Musk’s “pathological narcissism,” he concedes that he also misjudged the billionaire behind Tesla and rocket company SpaceX, including his ability to raise money from adoring fans and other investors.
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