The prominent billionaire investor David Einhorn is sticking with his guns... that is, with his to date very costly strategy of betting against Tesla's stock. The reasons? The same as before: he thinks that Tesla stock is overvaluedShow More Summary
Why does he keep trying to apply financial logic to the factory of dreams?
Tesla is no Apple. That's according to David Einhorn, the founder of the hedge fund Greenlight Capital, who wrote out a litany of reasons he's bearish on Tesla in his firm's second-quarter letter. "Tesla bulls look at Elon Musk, think...Show More Summary
Greenlight Capital's Einhorn is 'frustrated' with the performance of his bets against high-flying technology companies.
Who needs profits?
Which is kind of important, you know?
At General Motors' annual shareholder meeting on Tuesday, a proposal from Greenlight Capital to split the carmaker's stock into two classes and replace three directors on the board was shot down. Greenlight's David Einhorn has been pushing...Show More Summary
GM shareholders rejected Einhorn’s dual-class common stock structure with 91% of the votes cast against the proposal. The shares cast by Einhorn’s hedge fund were just about the only votes supporting the dual-class idea—96% of the non-Greenlight votes cast rejected Einhorn’s proposal.
Greenlight Capital's and General Motors' proxy battle finally comes to an end.
At General Motors' annual shareholder meeting on Tuesday a radical plan from Greenlight Capital, a hedge fund overseen by David Einhorn, was voted down. Greenlight, which controls more than 3% of GM's shares, wanted to split the stock...Show More Summary
It's not easy being a visionary.
What Greenlight Capital's co-founder discussed with David Westin on Bloomberg TV Friday morning.
Tesla stock is hitting record highs, but David Einhorn isn't buying it. The investor famous for a long history of high returns is currently shorting, or betting against, shares of Tesla. This hasn't been good for returns at his firmShow More Summary
Two advisory firms have sided with the automaker over a proposal from billionaire David Einhorn.
Two advisory services recommend voting against Greenlight's proposal. Greenlight Capital's David Einhorn writes another letter to GM shareholders.
Greenlight Capital's David Einhorn has been waging a battle ahead of General Motors' annual shareholder meeting to split the company's stock into two classes. The hedge funder, who controls over 3% of GM in total, wants dividend-paying...Show More Summary
Perhaps this is one of those ideas that will be appreciated only posthumously.
David Einhorn’s Greenlight Capital continued its campaign to win seats on General Motor’s (GM) board at the June 6 annual meeting.
Hedge fund managers everywhere are spitting out pips.
General Motors will hold its annual meeting on June 6, when shareholders will get to vote on Greenlight Capital's dual-class share proposal. David Einhorn's firm just released a new presentation highlighting its key points.