TSLA - Greenlight's Einhorn takes on lax regulators GameStop short squeeze in Q1 letter

David Einhorn, who runs hedge fund Greenlight, blames the "real jet fuel" for the GameStop (GME) short squeeze on investor Chamath Palihapitiya and Tesla (TSLA) CEO Elon Musk.He said famed SPAC investor Palihapitiya and Musk's appearances on TV and Twitter at a critical moment "further destabilized the situation," according to 1Q letter seen by Seeking Alpha."Mr. Palihapitiya controls SoFi (SOFI), which competes with Robinhood (RBNHD), and left us with the impression that by destabilizing GME he could harm a competitor," Einhorn wrote.Einhorn also partly blames the GameStop and recent Archegos liquidation on lax regulators."If Congress wants to understand why GME did what it did, or more recently how the Arch-Egos fund cornered the market in a handful of stocks, it would be better to call to account the absentee an regulators and their philosophical backer," Einhorn wrote.Einhorn said the performance of Greenlight's short portfolio last year and early this year is

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Greenlight's Einhorn takes on lax regulators, GameStop short squeeze in Q1 letter