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Sohn Conference@ (Adds Einhorn quote on Tesla and Musk; note that paragraph 4 contains profanity)
May 6 (Reuters) - David Einhorn, president of Greenlight Capital, at the Sohn Investment Conference on Monday said his firm is positive on airplane leasing company AerCap Holdings and negative on railcar leasing company GATX Corp .
Einhorn said GATX has "trouble returning to pre-crisis usage levels," while AerCorp shares are trading at half the book value and less than half the price-to-earnings of GATX's shares.
Speaking favorably of both industries, he said the airline sector has some advantages.
Einhorn, who told the Sohn Investment Conference that the theme of his pitch involved Trains, Planes and Automobiles, referencing a 1987 movie, reassured the audience that he still did not like Tesla Inc. Einhorn started out with a slide show of Tesla CEO Elon Musk's statements about his electric car company and concluded by saying that's "a lot of horseshit."
Einhorn has been short Tesla. (Reporting By Jennifer Ablan Editing by Chizu Nomiyama and Nick Zieminski)