He described Tesla Inc. Chairman Elon Musk’s behavior over the quarter as “erratic and desperate” and noted the company’s production problems. “We doubt the entry-level Model 3 will be produced profitably anytime soon, if ever,” he said.
At the end of the second quarter, Greenlight’s largest disclosed long positions were Bayer AG, Brighthouse Financial Inc., CNX Resources Corp., GM and gold.
This article was provided by Bloomberg News.