Galaxy Digital founder Michael Novogratz fails to short Tesla stock

According to BNN Bloomberg, Galaxy Digital founder and billionaire investor Michael Novogratz talked about his failure to short Tesla stock in an interview with Bloomberg. Novogratz said: "I am too arrogant and want to grab the top of the bubble, but I was hit with a bruised face." Novogratz said that like Bitcoin in 2017, Tesla's stock no longer depends on fundamentals, It's driven by compelling stories and good news. Novogratz also emphasized that he is still a big fan of Tesla and even owns two cars. He plans to exit the deal quickly without "so much pain."