On the 16th, Beijing time, Carson Block (Carson Block), the founder of the well-known shorting agency Muddy Waters, said on Wednesday that he had no targetsTeslaA short position, even though he still believes this business is unsustainable.

In a live interview, Bullock said, “Thank God, I didn't short this stock. We once joked that Tesla may still have a market capitalization of $30 billion when it files for bankruptcy. Those who want to short it do so at their own risk. I wouldn't do that anyway.”

Earlier this week, Tesla's stock price once approached $1,800. Although it had fallen back to $1,546 by Tuesday's close, it was still more than three times higher than the low in mid-March. Despite retail investors frantically buying this stock, short positions on the stock are close to $20 billion. Tesla's current market value is equivalent to 182 times its profit forecast for the next 12 months. In contrast,GMThe price-earnings ratio is only 10 times.

Bullock said he had set up a Tesla position, including buying the company's convertible bonds and using coupon interest to fund long-term put options on the stock, but he eventually sold those bonds and let the put options expire.

Bullock said, “Betting on Elon Musk is one thing, but shorting him is another. This guy is good at turning a rabbit out of a hat (doing miracles).”