Kynikos Associates founder and legendary short seller Jim Chanos has highlighted the disparity between the public perception and actual performance of Tesla Inc. TSLA.
What Happened: In an interview with the Institute for New Economic Thinking, Chanos pointed out a common misbelief held by many Tesla admirers. He said the electric vehicle giant is seen as a multi-faceted entity — an AI firm, an alternative energy business, and a robotics organization.
This image, Chanos argues, is a result of Elon Musk’s compelling portrayal of Tesla as a future-focused company.
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