(Bloomberg) — Tesla Inc. says hedge fund Cable Car Capital LLC, which is shorting the company’s stock, is funding a former employee’s defamation allegations.The carmaker said in a filing Monday that Martin Tripp’s counterclaim against Tesla was being funded by Cable Car, even though Tripp has said under oath that he had no financing or connection to Tesla short sellers.Cable Car portfolio manager Jacob Ma-Weaver had no immediate comment.Tesla sought an emergency order from a judge forbidding Tripp from publicizing confidential information. Tripp has disclosed volumes of Tesla’s confidential documents, deposition transcripts and filings in his posts on Twitter, YouTube …read more
Source:: Yahoo Finance
