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Who Wears Short Shorts: David Einhorn’s Ghost Hunt for Tesla’s Weakness

Credit: Twitter | David Einhorn

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Death, Taxes, and David Einhorn complaining about Tesla being successful.

Those are the three certainties in life. And like clockwork, after Tesla announced yet another successful quarter in the books yesterday during its Q1 2020 Earnings Call, Einhorn was right there trying to accuse Elon Musk or Zachary Kirkhorn of fraudulent behavior. But, let’s face it, a guy who lost 21.5% for his clients in Q1 2020 has to cast stones at someone, and it might as well be someone who is doing well, right?

I know those first two tidbits of information sound harsh; they are honestly supposed to. But I will admit, I wasn’t always an Einhorn skeptic. In my spare time, I’m a poker player, and Einhorn is too, and he’s a successful one. And it is hard for a poker player not to like him, considering all of his winnings get donated to charity. With over $5.2 million in live cashes, a majority of that coming from a massive cash at the $1 million buy-in One Drop tournament at the World Series of Poker. That’s a lot of money to a good cause.

So I admit, David Einhorn is not all that bad of a guy. But he continues to play the villain in Tesla’s successful string of quarters, continually accusing the company and its executives of not playing by the rules. But hey, to each his own.

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Every single time Tesla has a successful quarter, Einhorn seems to be stalking the company’s Update Letter like a tiger waiting for its prey. However, tigers usually are successful when they see potential food, and Einhorn just continues to sit there and look more like the prey at this point.

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On the 30th of April, Einhorn tweeted another note toward Elon, asking him to justify Tesla’s accounts receivable. “Tesla’s claim for why there are so many for a product where the customers pay upfront, was that sales are crazily concentrated in the last days of the month–so much so that it matters if the month ends on a weekend. This quarter ended on a Tuesday,” he wrote.

Einhorn continues to come off like an obsessed ex-girlfriend, always worried about what Elon puts online, and makes extended digs toward the CEO of Tesla and his employees. But I guess what do you have to say for yourself when the stock you notoriously short continues to rise and your investors continue to lose money on your behalf.

Is it not all possible that Tesla experienced minimal financial loss even though Fremont was shut down for about a month at the tail end of the quarter? Is it at all possible that the most successful Q1 in company history had something to do with the fact that Tesla’s production rates are higher than they were a quarter ago? That another factory in the biggest auto market in the world is also churning out electric vehicles and selling them at higher numbers than any other vehicle in the market? That the same exact factory in that auto market is producing a car that had a 450% increase in registrations from February to March, despite the entire car industry falling?

This, to me, looks like Einhorn is using a typical case of what is called confirmation bias. He accused Tesla, in his brief note on Twitter, of fudging the numbers. But the problem is, the information is readily available out there on basically any site that covers electric vehicles.

Let me break it down for you this way, Einhorn. I’ll even use poker terms! Tesla is experiencing an upswing in China, and the rest of the market is experiencing a downswing. Every other company is managing to lose money because nobody is buying their cars, even though production is continuing. Tesla is making money because they continue to sell the Model 3 in astoundingly high numbers.

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Not only has Tesla made the Model 3 one of the most appealing cars in all of China, but they’re beginning to offer different variants. Before it was just the SR+, now there’s a Long Range and a Performance variant. Tesla even announced that the white interior is available for the Model 3 now, which could be a big deal for some.

Tesla’s Q2 might be a little bit rougher than Q1, especially if Fremont’s shut down continues until June, as reports have suggested. Perhaps Einhorn should have just taken Q1 on the chin, gotten rid of his “TSLAQ” title, and left the likes of other short sellers Jim Chanos in his rearview mirror. After all, David, it is not too late to get your hands on some beautiful TSLA stock. I hear its lovely to own some!

Part of me hopes that one day, Einhorn heads out to Silicon Valley, meets up with Elon for lunch and a tour, and switches sides, all in those short shorts that Musk sent him a few months back. After all, Tesla is fighting for the future of our planet, and short selling the stock is primarily environmental terrorism considering the company’s goal is to keep the Earth going.

Maybe one day, I’ll get to sit across from Einhorn at a poker table. If I do, I promise to ask him when he’s going to stop shorting TSLA and begin to believe the Master Plan. But if I don’t, I surely won’t lose sleep over it.

After all, I won’t be the one wearing vintage short shorts.

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Credit: Twitter

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If you made it this far, thank you :), and please consider Subscribing and joining me next week as I go ‘Beyond the News’

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Joey has been a journalist covering electric mobility at TESLARATI since August 2019. In his spare time, Joey is playing golf, watching MMA, or cheering on any of his favorite sports teams, including the Baltimore Ravens and Orioles, Miami Heat, Washington Capitals, and Penn State Nittany Lions. You can get in touch with joey at joey@teslarati.com. He is also on X @KlenderJoey. If you're looking for great Tesla accessories, check out shop.teslarati.com

Lifestyle

Tesla brings perhaps the coolest interior feature to cars in latest update

Tesla adds on to the “fun” aspect of its vehicles.

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Credit: Tesla

Tesla has brought perhaps the coolest interior feature to its cars in a new update that is rolling out to vehicles now.

The feature will require a newer vehicle that has interior ambient lighting, which is present on the new Model S, Model X, Model 3 “Highland,” and Model Y “Juniper.” The Cybertruck also has ambient lighting strips throughout.

Tesla Model Y’s ambient lighting design changes revealed in leaked video

With the Version 2025.26+ Software Update, Tesla is rolling out a new “Sync Accent Lights w/ Music” feature, which is available on the Tesla Toybox:

To enable the feature, you’ll access the Toybox, choose “Light Sync,” and then choose “Sync Accent Lights w/ Music.”

Although it does not improve the performance of the vehicle, it is yet another example of Tesla making one of the coolest cars out there. This is truly a cool add-on that can be used to impress your friends and family.

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xAI, Musk Foundation helps schools near Memphis supercomputer site

Reports of xAI and the Musk Foundation’s work were recently posted by local news media.

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(Credit: xAI)

Elon Musk’s artificial intelligence startup xAI and the Musk Foundation have been supporting Memphis-Shelby County Schools with HVAC repairs and facility upgrades, while also funding youth programs for students in the area. 

Reports of xAI and the Musk Foundation’s work were recently posted by local news media.

xAI’s school visits lead to facility repairs

Representatives from xAI visited John P. Freeman Optional School, Fairley High School, and Westwood High School, all of which are located near its Colossus supercomputer site, to assess HVAC systems, plumbing, gym facilities, and athletic fields. The visits resulted in a list of priority repairs, some of which were completed in April and May.

In addition to the repairs, xAI also shared a number of initiatives that are planned for students in the area, as stated in a Commercial Appeal report.

“xAI is working on providing STEM workshops for local students, donating equipment to technical training programs, and supporting job fairs to boost employment opportunities. These initiatives reflect xAl’s commitment to fostering education and economic growth in Memphis,” xAI noted in a statement.

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Musk Foundation donation

Apart from xAI, the Musk Foundation also donated $350,000 to the Boys & Girls Clubs of Greater Memphis, enabling the reopening of two club sites located at Booker T. Washington High School and Westwood High School. Both locations had closed earlier this year due to lapses in funding. As per xAI, the Musk Foundation’s donation allows clubs to reopen for almost 1,000 students. 

The donation will fund staffing, supplies, and transportation, among others. “Kids are the future of humanity,” Elon Musk said in a statement, adding that students need “every chance to shoot for the stars.”

“We’re honored to support the Boys & Girls Clubs of Greater Memphis in reopening these sites, giving kids in underserved communities the tools to build brighter futures,” Musk said.

The gift was praised by local officials, including Boys & Girls Clubs board chair Michael Garriga, who stated that the “commitment will ensure the youth of our community have the opportunities they need to develop their skills and talents to become successful students and future citizens.”

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EV fans urge Tesla to acquire Unplugged Performance for edge in fleet and security industry

Unplugged Performance has built a name for itself by producing performance upgrades for Tesla vehicles.

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Credit: Unplugged Performance

A growing number of Tesla enthusiasts and longtime community voices are calling on the electric vehicle maker to acquire Unplugged Performance, a California-based aftermarket company best known for tuning Tesla vehicles and developing specialized government fleet solutions under its UP.FIT division.

The idea was once considered a niche proposal among EV fans, but it is now gaining serious attention not just as a performance play but as a strategic move to deepen Tesla’s roots in the fleet and security industry. 

A strategic fit

Unplugged Performance has built a name for itself by producing performance upgrades for Tesla vehicles, from track-optimized components to visual and aerodynamic upgrades. But in recent years, its UP.FIT division has pivoted toward a more functional future by outfitting Tesla vehicles like Model Ys for police, military, and government use.

That work has sparked growing calls for closer collaboration with Tesla, especially as the EV maker increasingly leans into autonomy, AI, and fleet services as core components of its next chapter.

“I posted this four years ago, but I think it’s more true now than ever,” wrote Whole Mars Catalog, a well-known Tesla investor and FSD Beta tester, on X. “Tesla should buy Unplugged. But not just as a Performance division. What they are doing with UP.FIT unlocks large government and commercial fleet purchases that can improve utilization.”

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Tesla fans such as shareholder Sawyer Merritt echoed the sentiment, calling Unplugged a “great fit within Tesla.” adding, “They are literally located directly next to Tesla’s design studio in Hawthorne.”

Enabling the next wave

Supporters of the idea noted that integrating Unplugged into Tesla’s corporate structure could help accelerate the adoption of autonomous technologies in government sectors. With UP.FIT patrol cars already in use across some U.S. police departments, Tesla fans envisioned a future where self-driving Teslas could potentially revolutionize law enforcement, search-and-rescue, and public service logistics.

“Just imagine how autonomous patrol cars could transform policing and bring us into a safer future,” the veteran FSD tester wrote.

The benefits could also extend to Tesla’s existing consumer base. “They also have some incredible products in the works that I think will appeal to many ordinary Tesla drivers — not just those looking for performance or mods. Stuff that’s so good it should have come straight from the design studio next door,” Whole Mars Catalog noted.

Unplugged Performance, founded in 2013, shares not just a product vision with Tesla, but also geography. Its Hawthorne headquarters sits directly adjacent to Tesla’s design studio, and the two companies have maintained a close working relationship over the years. The aftermarket firm has long positioned itself as a “mission-aligned” partner to Tesla.

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In response to the recent calls for acquisition, Unplugged Performance acknowledged the support from the community. “Our very existence is to support the Tesla mission with @UpfitTesla and @UnpluggedTesla,” Unplugged CEO Ben Schaffer posted on X. “We love working with Tesla and are grateful for the community’s support since 2013!”

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