(Bloomberg) — Carson Block and Elon Musk can agree on at least one thing: betting against Tesla Inc.’s stock is a bad idea.Block, the longtime Musk critic and short-selling founder of Muddy Waters Capital LLC, said on Wednesday that he doesn’t have any bearish wagers against Tesla even though he thinks the business is unsustainable.“I’m not short the stock, thank God,” Block said in an interview with Bloomberg’s Tracy Alloway and Joe Weisenthal on the Odd Lots podcast. “We used to joke that Tesla, when it files for bankruptcy, will probably have a $30 billion market cap. Short it at …read more
Source:: Yahoo Finance
