Short selling should be illegal’ – Elon Musk praised a crackdown on shorts by the world’s biggest pension fund
Elon Musk took aim at short-sellers once again in a tweet praising the world’s biggest pension fund for cracking down on shorts.
“Bravo, right thing to do! Short selling should be illegal,” the Tesla and SpaceX CEO responded to the news that Japan’s Government Pension Investment Fund will no longer allow shares to be loaned out from its $370 billion overseas equity portfolio.
Tesla is one of the most-shorted stocks in the US with about $9.5 billion in short interest, according to S3 Partners.
Musk has previously described short-sellers as “jerks who want us to die” and “value destroyers.”
Markets Insider