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Thursday, April 18, 2024

Famed short-seller Jim Chanos says he’s still betting against Tesla as the EV maker ‘wrestles’ with margin pressures and increased competition

Jim Chanos is still shorting Tesla as the electric-vehicle maker faces margin pressures and increased competition. The famed-short seller and founder of Chanos & Company said Tesla’s biggest market, China, is now the weakest, and that’s going to hurt it’s margins. “Everybody forgets, Tesla lost money …

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