News & Events

Investor Einhorn tweets at Tesla’s Musk asking for more company financials – Source Reuters Tech News

FILE PHOTO: David Einhorn, President, Greenlight Capital, Inc. speaks during the 2019 Sohn Investment Conference in New York City, U.S., May 6, 2019. REUTERS/Brendan McDermid/File Photo

BOSTON (Reuters) – One day after Tesla Inc posted its third quarterly profit in a row, hedge fund manager David Einhorn, one of the electric carmaker’s best-known critics, lobbed questions about the company’s financials at its two top executives.

Taking to Twitter on Thursday, Einhorn asked Tesla chief executive officer Elon Musk and chief financial officer Zach Kirkhorn about Tesla’s accounts receivable, costs, idled factories and the impact of currency market movements on the company.

“Can you or (Zack) explain,” Einhorn wrote, misspelling the CFO’s first name in the tweet. Without answers, the investor added, he would continue to wonder “if not only your accounts receivable are suspect, but your income statement as well.”

Einhorn has 48,000 followers on Twitter and his message…

Read More…

Source Reuters Tech News

Source link