Hedge fund manager David Einhorn is taking more digs at Tesla.
"The wheels are falling off — literally," Einhorn, founder and president of Greenlight Capital, said in an investor letter seen by CNBC.
Einhorn's public bet against Tesla added to the fund's 11 percent gain in the first quarter. The 50-year-old investor slammed Tesla's safety protocols and cars with faulty suspensions, "such that the wheels sometimes fall off (referred to as 'whompy wheels')." He cited an incident in February when a man in Florida was killed in his Model S after hitting a tree.
"TSLA routinely touts its cars as the safest around, because they perform well in crash tests. The truth is, its overall safety is much lower because of events like this," he said, adding that the fatality rate for Tesla drivers is much higher than it is for other luxury cars.