The co-manager of a new Platinum fund designed to profit from climate change doesn’t believe that Tesla or Fortescue can meet their ambitious goals.
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The first fund launched by Platinum Asset Management outside its core expertise in almost two decades – a product the faded firm hopes will help restore its glory – is betting against Elon Musk.
The Platinum Global Transition Fund, which launched two months ago, has taken a short position in electric car maker Tesla, according to co-manager Liam Farlow.
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Original URL: https://www.afr.com/markets/equity-markets/a-top-fund-manager-doubts-elon-musk-andrew-forrest-20230421-p5d2dr
