MUSK AND SHORT-SELLER EINHORN SPAR ON TWITTER

ONE OF Tesla’s most vocal detractors just got Twitter-burned by Elon Musk. After short-seller David Einhorn lashed out at Musk in a letter to investors, the Tesla chief offered to take his antagonist on a tour of the electric carmaker’s facilities – and accompanied the offer with a gift of “short shorts”. Einhorn’s Greenlight Capital hedge fund has lost money in recent months on its bet against Tesla shares, which have surged 50 percent since June 30. “It is understandable that you wish to save face with your investors, given the losses you suffered from Tesla’s successful third quarter,” Musk posted. Musk invited Einhorn to discuss the company in person, saying Einhorn’s investors “would appreciate you getting smart on Tesla”. In August, Einhorn called on Musk to resign after Business Insider reported on a Tesla effort to replace faulty parts on its rooftop solar systems. He said on a conference call on Thursday that Greenlight remains short on Tesla, even though the position hurt its performance during the period. He added that he’s been surprised by the car stock’s resilience, given “relentless negative news and what appears to be an end of the company’s growth trajectory”, according to a Nasdaq transcript. In his tweet, Musk addressed Einhorn as “Unicorn” and signed off as “Treelon” after donating money for tree-planting, and said he accompanied the missive with a gift of “short shorts”. It wasn’t the first time the men have sparred. Last year, Einhorn acknowledged receiving an earlier transmission of boxer shorts. “I want to thank @elonmusk for the shorts,” Einhorn posted. “He is a man of his word! They did come with some manufacturing defects.” I Bloomberg