Tesla Inc bear and hedge fund manager Michael Burry on Sunday defended the U.S. Securities and Exchange Commission and took a shot at billionaire entrepreneur Elon Musk for flouting the agency’s rules.
What Happened
The “Big Short” fame investor said in a now-deleted Tweet that the U.S. regulatory agency was “nothing but professional” and that, unlike Musk, he did not have “billions” to make his own rules “and would never” do that.“In defense of the SEC, and particularly the SF office, they were nothing but professional in my dealings with them. But I don’t have billions, can’t make my own rules, and would never,” Burry wrote on the microblogging site.
