Hedge Fund With 24.5% CAGR Likes Tesla But Is It Making A Mistake?

Worm Capital likes Tesla Motors Inc. (NASDAQ:TSLA) but is it making a mistake? Worm Capital, a small relatively unknown registered investment advisor is having yet another impressive year. Accounts managed by the firm, which is led by founder, CIO and Portfolio Manager Arne Alsin is up 6.34% for the year to October 31, outperforming the S&P 500 by 0.46% for the period. Since inception (July 1, 2012) the hedge fund has produced a return of 24.49% net per annum for investors turning $250,000 into $646,000 while the S&P 500 has only returned 13.2% per annum over the same period, according…