'Welcome to the automobile business.' Here's Jim Chanos on Elon Musk's Tesla

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Noted short-seller Jim Chanos took a look at Tesla's numbers -- and quickly ascertained just how much the electric vehicle maker is struggling.

Noted short-seller Jim Chanos took a look at Tesla’s numbers — and quickly ascertained just how much the electric vehicle maker is struggling.

At Tesla’s annual... Noted short-seller Jim Chanos took a look at Tesla’s numbers — and quickly ascertained just how much the electric vehicle maker is struggling. At Tesla’s annual meeting, CEO Elon Musk told a shareholder that the automaker would consider advertising — which it has eschewed — even as he believes doing so would largely be preaching to the choir.“And you know what, I believe in taking suggestions,” Musk said, according to a transcript from S&P Global Market Intelligence. “So we’ll try a little advertising and see how it goes.”

 

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