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Jim Chanos: Elon Musk Is “Bonkers” And Here’s What’s Wrong With Tesla

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Michelle deBoer-Jones
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Jim ChanosFamed short-seller Jim Chanos has been very vocal about his short of Tesla for years, and he spoke about it again on the Fireside Chat series with Charlie Gasparino on June 6. He believes Elon Musk is a big part of the issue for a number of reasons, according to a recorded copy of the panel.

Relearning old lessons

Chanos said he got involved in Tesla early after shorting it at $30. He covered the position at $60 and then watched it go to $200. He got back involved "north of $200 in 2014 in a big way." He said he was tipped off about Tesla after speaking with some auto executives....

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.