Carson Block says he still wouldn’t bet against Elon Musk, even after Tesla Inc. shares experienced their worst one-day drop in more than four years.

Carson Block, Chief Investment Officer, Muddy Waters Capital LLC., speaks at the Sohn Investment Conference in New York City, U.S. May 4, 2016.

Short seller Carson Block is heading to India to look at starting a fund focusing on the country’s stocks, as he stays away from joining a rally in China’s market.