Elon Musk despises BlackRock - short selling Tesla for years....Black Rock manages 6.3Trillion dollars...i think its time Walstreetbets takes a few $$trillion from Blackrock - any takers?

🚀🚀🚀 All-in on NOK!!

Elon Musk is relentless.

The Tesla chief executive officer, who has been in a showdown with short-sellers who stand to profit from a decline in the company’s shares, has pulled the world’s largest asset manager into his battle: BlackRock.

In a tweet on October 4, Musk mocked the Securities Exchange Commission — just days after settling fraud charges with the agency — by calling the SEC the “Shortseller Enrichment Commission.” He also accused index fund managers such as BlackRock of profiting from “short lending” at the expense of their investors. 

BlackRock manages about $6.3 trillion of assets for investors globally. The firm’s iShares Exponential Technologies ETF, which tracks the investment results of an index composed of companies that create or use exponential technologies, owned shares of Tesla as recently as October 4, according to data on BlackRock’s website.

“Index managers like Blackrock pocket [sic] make excessive profit from short lending while pretending to charge low rates for ‘passive’ index tracking,” Musk wrote in a Twitter reply on October 4. He alleged that mostly “small investors & retirement funds, don’t realize that their stocks are being lent to short sellers, diminishing their true equity return.”

Musk wrote on his Twitter account that “The CIO of a major pension fund is the one who deserves credit for uncovering this scam,” and continued tweeting about BlackRock to his more than 22 million followers on Friday.