Some of functionality may not work while you disabled JavaScript. Enable JavaScript for better User Exprience.
Access here alternative investment news about David Einhorn's Greenlight Says Tesla 'on The Brink' Of Failure: Client Letter

David Einhorn's Greenlight Says Tesla 'on The Brink' Of Failure: Client Letter

by firstpost.com posted 4months ago 10 views
By Lawrence Delevingne NEW YORK (Reuters) - David Einhorn's Greenlight Capital renewed criticism of Elon Musk and his Tesla Inc, saying the electric car company again appeared to be on the "brink" of failure, according to a letter sent to clients of the hedge fund on Friday. The letter cited a lack of demand, "desperate" price cuts, layoffs, "closing-and-then-not-closing" stores, closing service centers, slashing capital expenditures, rushed product announcements and "a new effort to distract investors from the demand problem with hyperbole over TSLA's autonomous driving capabilities."

In this article

No tags related to this article.