Markets

Famed short-seller Carson Block explains why he refuses to bet against Tesla, says Elon Musk ‘specialises in pulling rabbits out of the hat’

Famed short-seller Carson Block thanked God after saying that he’s not short shares of Tesla in an interview with Bloomberg on Wednesday. Tesla has more than tripled in value year-to-date after stronger-than-expected delivery data and speculation that the electric-vehicle maker is on the verge of being included in the S&P […]
Famed short-seller Carson Block explains why he refuses to bet against Tesla, says Elon Musk ‘specialises in pulling rabbits out of the hat’
Markets

Short-seller Carson Block just called this Woodford-backed firm ‘Enron-esque’ — and the stock plunged 51%

Short-seller Carson Block attacked Burford Capital on Wednesday, spurring investors to halve the British litigation financier’s stock price, wiping $US1.5 billion from its market capitalisation. Block’s Muddy Waters research firm accused Burford of manipulating performance metrics, misleading investors, lacking portfolio strength, being short of cash, and misgovernance. Burford said that […]
Short-seller Carson Block just called this Woodford-backed firm ‘Enron-esque’ — and the stock plunged 51%