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Famed short-seller David Einhorn calls out Tesla's billing practices again, erasing the stock's post-earnings gain (TSLA)

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David Einhorn of Greenlight Capital has again called out Tesla's accounting practices in a message directed at CEO Elon Musk.

"Dear Elon, I guess the offer of a factory tour was never serious," Einhorn, a longtime Tesla bear and short-seller, tweeted on Thursday. "I remain curious about your accounts receivable."

Shares of Tesla pared gains from earlier in the day and traded down as much as 3% following Einhorn's comments.

It's the latest in the drama between the short-seller and the automaker's CEO. In November, Einhorn told Musk he was "beginning to wonder whether your accounts receivable exist" and asked again to meet with Tesla's chief financial officer, Zach Kirkhorn, and tour the facilities.

"Tesla's claim for why there are so many for a product where the customers pay up front, was that sales are crazily concentrated in the last days of the month — so much so that it matters if the month ends on a weekend," Einhorn tweeted.

Read more:'That's where the really big upside is': A CEO overseeing $36 billion pinpoints 7 areas of the market poised to rebound after plummeting as much as 60% this year

"This quarter ended on a Tuesday. And, by all accounts sales were not back-end loaded as most of your market was shut-down at the end of March. Yet Days Sales Outstanding rose from 18 days to 21 days," Einhorn said, asking Musk or Kirkhorn to explain.

Tesla on Wednesday reported a surprise profit in a quarter marked by two major factories shutdowns due to the coronavirus pandemic. The results initially sent shares of the electric-vehicle maker up as much as 9%, even as Musk spoke out against the shutdowns.

Tesla is up about 91% year-to-date through Wednesday's close, but still more than 14% from all-time highs.

Read more:A fund manager who's beating the market by betting on tiny companies says the coronavirus 'turbocharged' the trends driving his portfolio. He told us what they are and the 3 stocks he's most bullish on.

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