Tesla Short-Seller Chanos Responds To Musk's Allegations

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  • เผยแพร่เมื่อ 30 ต.ค. 2024

ความคิดเห็น • 354

  • @RealtorBrian2014
    @RealtorBrian2014 4 ปีที่แล้ว +29

    Hey Chanos, how you feeling about your short position now big boy?

  • @iali00
    @iali00 6 ปีที่แล้ว +100

    Without Tesla, no other car company would pursue electric cars. Now look at the all the majors rushing to make plug-ins and full electric. By the way, Tesla is making 5k Model 3 a week. That’s impressive coming from where they were just 2 years ago.

    • @cxMLG
      @cxMLG 6 ปีที่แล้ว +2

      Make Tesla Great Again!

    • @KrustyKlown
      @KrustyKlown 6 ปีที่แล้ว +8

      iali00: almost every thing you said is WRONG. Legacy OEMs have been developing EVs for over a decade ... the reason they are launching more EVs now and planning more in the near future is because the cost of key components (i.e. batteries) has finally come down to the point that makes EVs profitable, not because Tesla created the EV market. Heck, in the China or Europe, MANY more EVs are sold than in the USA, and very few of those are Teslas .. Teslas has no influence there, so your hypothesis is dead on arrival.
      Lastly, NO Tesla is NOT making a sustained 5K Model 3's a week, they shipped over 5K only during the last week of last quarter, for the purpose of swaying stock holders ... since then, they have not hit 5K per week. The 5K target will not be meet until Tesla averages that production rate continuously .. still a long way to go .. that is why the stock is dropping ... Tesla missed their target.

    • @MattCasters
      @MattCasters 6 ปีที่แล้ว +1

      It is you that is wrong in the sense that no other car manufacturer is actually making batteries or EV components and it's doubtful they can make a profit on their non-Tesla EV cars. Since everyone wants batteries and there's a shortage on the market, they'll likely be paying through the nose. Tesla on the other hand does make batteries (and not just for their cars), motors and an actually stunning percentage of their cars.
      Furthermore there are currently NO high speed chargers available for any of the competing cars where Tesla has a fast growing supercharger network. By the way, so called competitors Audi e-Tron and Jaguar i-Pace have both not even released, over 2000 days after the release of the Tesla Model S. Audi postponed release because their CEO in Germany got thrown in jail.
      Your claim about not sustaining 5k/week is also totally besides the point the parent poster was making. Not only are you spreading a false rumor where others are calculating around 6k/week, you miss the obvious point that the car is outselling BMW, Audi and Mercedes in the same car category in the US at the moment, not just in the EV segment, competing against established ICE cars. This would be the case even at 4k/week.

    • @KrustyKlown
      @KrustyKlown 6 ปีที่แล้ว +1

      Matt Casters: Nope, you are still very wrong. Tesla does NOT make battery cells, and they buy the majority of their parts (how do we know that: only 45% of Model 3 is made in USA, while Chevy Volt is 60%, LOL).
      Panasonic makes Tesla's batteries, Panasonic installed their mfg machines at Tesla's factory. Now Tesla is "stuck" with that one supplier, battery chemistry, and cylindrical cell format. Legacy OEMs all analyzed and agreed that battery cells should be a purchased commodity, in order to get the lowest price, guaranteed supply from multiple suppliers, and not be locked into a single chemistry / technology as battery tech is quickly advancing. Legacy OEMs all concluded that battery pack design and mfg would be a core business, NOT cell production. So, why did Tesla make the "wrong" decision? .. because they needed lots of cells yesterday, when there was not scaled up manufacturing for them, Tesla had to force this to happen, which they did, now that decision will come back to bite them down the road. The entire lithium cell mfg industry is growing like crazy, and there is more automotive cell production capacity outside of what Panasonic is producing for Tesla. So, NO the OEMs are not going to be paying through the nose. All published reports comparing Tesla and other OEM battery pack costs are fairly close on cost right now, close enough that Tesla does not have a significant cost advantage. So, you are wrong, legacy OEMs can build comparable cost packs and the supply of cells is not an issue.
      As for EV component mfg, do you know that less than 1/2 of the Model 3 content is made in the USA? Contrary to the Tesla marketing hyperbole, they buy most of their parts from the SAME supplier base that the legacy OEMs purchase from. You really need to start learning the facts and ignoring the fanboy hyperbole.
      Tesla Mod 3 outselling all other ICE cars in that segment is a bright point. However, government tax rebates are fueling much of that, especially in CA, where a large state tax rebate is available. Also, sales in that segment have been falling for years, everyone wants cross-overs not sedans.. but Tesla buyers have no choice, ya get a Model 3, because Tesla made the wrong decision, they should have built Model Y before Model 3.
      Over the next 10yrs, battery pack costs are expected to drop in 1/2 for ALL car companies ... that point in time is the tipping point where EVs equal ICE cars in cost / function .. that point in time is what legacy OEMs are working toward with the latest system architectures ... where will Tesla be then? .. stuck with obsolete architectures & battery mfg equipment?? ... they will progress, but that will cost BILLIONS more ... this is the automotive industry, its tough .. Tesla has done well, beyond the expectations of most, but their battles are only beginning.

    • @1905934
      @1905934 6 ปีที่แล้ว +1

      HAHAHAHAHA take a look at the stock price now... their new goal is 7,000 per week... and they haven't even opened up to Europe... Europe alone would buy more than 10,000/ week. HAHAHAHAH what a joke your words turned out to be. HAHAHAHA

  • @thinlet1
    @thinlet1 6 ปีที่แล้ว +176

    Jim Chanos declared that Apple would go bankrupt after hiring Steve Jobs back again in 1997.

    • @rogerab1792
      @rogerab1792 6 ปีที่แล้ว +3

      Tenzin Thinley the world is bankrupt, lets just assume it.

    • @dementedacademic
      @dementedacademic 6 ปีที่แล้ว +2

      Fake news?

    • @ryccoh
      @ryccoh 6 ปีที่แล้ว +4

      Did he really, my god how does anyone still listen to this guy and how does he keep making money if he shorts companies that run the other direction than he says.

    • @MrBumbo90
      @MrBumbo90 6 ปีที่แล้ว +18

      He never did. Stop lying. He actually owns stock in Apple.

    • @nopenope1
      @nopenope1 6 ปีที่แล้ว +6

      didn't apple nearly got bankrupt bank than and even Gates helped out (probably to not have a monopoly?) ?

  • @peter7550444
    @peter7550444 6 ปีที่แล้ว +78

    Tesla is not Enron. Get over it chanos

    • @pigknickers
      @pigknickers 6 ปีที่แล้ว +2

      Oh I think it is!

    • @Mrbfgray
      @Mrbfgray 6 ปีที่แล้ว

      Pete A
      No it's not. But that doesn't mean it's a sound investment. Only time will tell but it's too hard for ME when there are so many other things to focus on.

    • @teddysthaiadventure2534
      @teddysthaiadventure2534 6 ปีที่แล้ว

      No, enron is their CEO

    • @kellykitkat40
      @kellykitkat40 6 ปีที่แล้ว +1

      Accounting fraud? How widespread is it at brokerage firms?
      ... Say there are 3 agents in the stock market, A, B, and C. All A does is short sell the common stock of Tesla company. All B does is buy the common stock of Tesla company. And all C does is buy (from B) AND lend (to A) the common stock of Tesla. Then would not C and B eventually end up with a number of shares EXCEEDING the total number of shares outstanding, (equal to say X ; X being a finite number) of Tesla Company? And then how will the short sellers cover seeing that there are more shares owing than actually exist? N(C) + N(B) > X : What prevents this from happening? Can you say for certain that your broker has not lent somebody else the shares that are in your account?
      In theory - should not happen, because when C lends a share to A, that is one less share in C's account UNTIL the short is covered, the share owing returned. BUT what if the broker has been lending out the shares in C's account without C's knowledge? So C continues receiving account statements claiming the shares he nought are in his account, but his broker may have secretly lent those shares out (sold them for a short seller). Are terrorist cells, white collar criminals, Bernie Madoff personality types, working on Wall Street?
      If you think about it, shares should be numbered, engraven with serial numbers, accounted for - like cryptocurrency in a blockchain.
      ... The point being, does not short sellng create phantom shares which do not exist? For there appear to be no safeguards in place, and nor does the SEC investigate such issues. In other words many now think they are holding shares of Tesla common, when in fact they are not, but are merely receiving papers in the mail saying (falsely) that they have shares in their account.
      ... Consider the invention of tracking stock, which paper was as the paper money found in Parker Brothers' Monopoly board game. Or Bernie Madoff, who was eventually arrested but only after decades of claiming to buy and sell shares for his clients - all he was doing was issuing paper statements. The point being, the SEC, the politicians, police and journalists - by a large amount, do not care about such issues until their own livelihoods are personally threatened. They have no honour or sense of character - no zeal for righteousness, it would seem. Or am I being paranoid?

    • @marthak1618
      @marthak1618 6 ปีที่แล้ว

      How about DeLorean Motors?

  • @ohdan3196
    @ohdan3196 6 ปีที่แล้ว +59

    Chanos is running out of cards on Tesla.

    • @amishaggerty
      @amishaggerty 5 ปีที่แล้ว +2

      This is aging badly... TSLA stock tanked since this video posted

    • @cttvideos7128
      @cttvideos7128 5 ปีที่แล้ว

      Hes bluffing holding napkins

    • @xWinstonski
      @xWinstonski 5 ปีที่แล้ว +1

      @@amishaggerty look at the stock now lol. It will get even higher. Tesla grows exponentially, stock will be 1000 within 5 years, easy.

    • @amishaggerty
      @amishaggerty 4 ปีที่แล้ว

      @Grant Smith The stock is underperforming the market by a huge factor. What will happen when the market drops?
      Please, keep buying TSLA stock.

    • @amishaggerty
      @amishaggerty 4 ปีที่แล้ว

      @Grant Smith I have no position ATM so no I didn't. Word of advice, sell your position before the next market crash. Good luck.

  • @rainerbuechse6923
    @rainerbuechse6923 4 ปีที่แล้ว +9

    Q: How do you spell Chanos? A: I D I O T

  • @moeznaseer5365
    @moeznaseer5365 4 ปีที่แล้ว +8

    This didn’t age well

  • @lumpy6
    @lumpy6 6 ปีที่แล้ว +36

    How does one go about shorting Chanos?

    • @immomettmann7836
      @immomettmann7836 6 ปีที่แล้ว +17

      Buy $TSLA

    • @LoanwordEggcorn
      @LoanwordEggcorn 6 ปีที่แล้ว +7

      Buy the things he's shorting. BTW, Chanos was totally wrong about Apple going bankrupt and many others.

    • @user-iy9mx4pm5z
      @user-iy9mx4pm5z 6 ปีที่แล้ว +1

      Buy Tesla car/Semi(only 7 year garntee)
      buy Tesla stock(burn -2,4 bil $ every year ; liabilities{debt} = -30 bil $ )
      buy tesla solars( tesla pay your produced electricity from your solar on unfair price & get lices on installed solar)
      buy tesla home battery pack(only 7 years)

    • @LukasSavickasI
      @LukasSavickasI 6 ปีที่แล้ว

      You mean shorting a guy who's outperforming SP? Good idea.

    • @lumpy6
      @lumpy6 6 ปีที่แล้ว +1

      How's he doing today?

  • @JanneWolterbeek
    @JanneWolterbeek 5 ปีที่แล้ว +15

    2029: Tesla, $1T market value.
    Chanos: I keep shorting Tesla.
    CNBC: We'll keep on spreading FUD.

    • @michelstronguin6974
      @michelstronguin6974 3 ปีที่แล้ว +1

      2029 only $1T?
      It’s over half a trillion now and we are at 2020.

    • @JanneWolterbeek
      @JanneWolterbeek 3 ปีที่แล้ว +1

      @@michelstronguin6974 Yeah, posted that last year, lol... I am kinda expecting 4T+ by then...

    • @user-RCST
      @user-RCST 3 ปีที่แล้ว

      5-10T by 2030 IMO

  • @RealtorBrian2014
    @RealtorBrian2014 4 ปีที่แล้ว +11

    Hey @cnbc how about a new Chanos vid? Or do you wan to wait until the stock reaches the half century mark?!?!

  • @benjaminm7747
    @benjaminm7747 3 ปีที่แล้ว +6

    This aged well

  • @ahuhu
    @ahuhu 6 ปีที่แล้ว +13

    Chanos: "since 2014, the stock has gone basically flat." (graph on the right: +170% since mid-2013)
    C: "if you compare to NASDAQ since 2014, you've been underperforming *pretty dramatically* " (NASDAQ +89% since the beginning of 2014; TSLA: +109%)
    What is he talking about?

    • @JanneWolterbeek
      @JanneWolterbeek 5 ปีที่แล้ว

      i wonder the same....

    • @thdjjfsfh
      @thdjjfsfh 4 ปีที่แล้ว +1

      It's CNBC, they think their audience is incapable of thinking.

    • @topten2828
      @topten2828 4 ปีที่แล้ว +1

      So fun to look at this with hindsight. Over 1600 today. Wonder when he covered.

  • @anilchada
    @anilchada 6 ปีที่แล้ว +36

    I am glad, I moved away from CNBC to Cheddar. CNBC gives air time these guys, without asking tough questions. He has been short of a while, which never materialized..

    • @bomieboda6775
      @bomieboda6775 5 ปีที่แล้ว +2

      Shorts take a very long time to materialize

  • @brucesillince2202
    @brucesillince2202 3 ปีที่แล้ว +2

    Where is Jim Chandos now? How wrong have NBC commentators been about Elon Musk? TH-cam puts this into the public record for ever.

  • @k1m625
    @k1m625 6 ปีที่แล้ว +35

    "When you bring serious charges you should bring serious evidence"....words for Jim Chanos to live by ....he say alot of stuff about Tesla but I have yet to see any serious evidence

    • @shaunf2946
      @shaunf2946 6 ปีที่แล้ว +2

      KIM ROLLO but he hasn’t been proven wrong in any of his claims. Time will tell, right?

    • @k1m625
      @k1m625 6 ปีที่แล้ว +5

      true he hasnt been proven wrong .....but he hasnt shown much evidence either .....most of what he says is just speculation .....which is exatly what he was accusing Elon of .......He maybe right I have know idea....but he says one thing and does another

    • @k1m625
      @k1m625 4 ปีที่แล้ว

      @Grant Smith the same as it did a year ago

    • @k1m625
      @k1m625 4 ปีที่แล้ว

      @Grant Smith what wasnt true about my comment?

    • @k1m625
      @k1m625 4 ปีที่แล้ว

      @Grant Smith INDEED

  • @trails3597
    @trails3597 6 ปีที่แล้ว +13

    Elon has not made any of those charges (illegal or otherwise). but the short sellers are trying to take down the company on leverage vulnerability.

    • @biplav32
      @biplav32 6 ปีที่แล้ว +3

      If the longs were so confident or so many, they would be able to force shorts to cover or liquidate them.

    • @dlamardeyoutoube
      @dlamardeyoutoube 6 ปีที่แล้ว

      Elron can take the company down no need for short.....

    • @davidc2838
      @davidc2838 ปีที่แล้ว

      @@dlamardeyoutoubeWOW! Did that age POORLY!!
      Almost as Poorly as those Shorts who got their ARSES Burned following Chanos Lying Story!

  • @ponder2006
    @ponder2006 6 ปีที่แล้ว +55

    Wow lol HE DOESN'T GIVE UP...I am not even bullish on Tesla but C'mon.

    • @chris83us
      @chris83us 6 ปีที่แล้ว +4

      He's a sewer rat.

    • @dlamardeyoutoube
      @dlamardeyoutoube 6 ปีที่แล้ว +2

      He is a fundamental investor. Bubble can last a long time. Most of profesionnal short have profit built -in their position. He stated many time that is short is not expensive...soo why quit.

    • @tomast1323
      @tomast1323 5 ปีที่แล้ว

      ponder2006 hehe

    • @cruisecontrol4922
      @cruisecontrol4922 3 ปีที่แล้ว

      You still poor bruh?

  • @LuficariusRatspeed
    @LuficariusRatspeed 6 ปีที่แล้ว +7

    4:30 "through residential neighborhoods"... He acts as if Musk would be bulldozing homes to bore a tunnel. Help me out with the logic behind this statement.

    • @dwolff4127
      @dwolff4127 6 ปีที่แล้ว +1

      I believe the CORRECT English would be UNDER and not THROUGH unless there are neighborhoods 30' underground.

  • @hyylo
    @hyylo 6 ปีที่แล้ว +61

    this guy is an old dinosaur

    • @dlamardeyoutoube
      @dlamardeyoutoube 6 ปีที่แล้ว +1

      Even if the guy was to lose completely on his short he would still be worth more than all Tesla keyboard warrior combined.

  • @jeffmandell1376
    @jeffmandell1376 ปีที่แล้ว +1

    Update for anyone watching this in January 2023. Chanos was short $321 here (pre 15 to 1 split). At $135 today, it's the equivalent of $135 x 15 = $2025/share.

    • @davidc2838
      @davidc2838 ปีที่แล้ว

      Yep! He basically rolled up a $$Billion shoved it up his backside and lit it on fire with “NOT a Flamethrower”!
      They should have a “Burned $horts Counter” every time he comes on showing how many $$$$ he LOST to date shorting Tesla! 😂

  • @earthwizz
    @earthwizz 6 ปีที่แล้ว +5

    All sizzle and no steak describes Chanos way more accurately than the guy with a track record of constantly delivering stuff Chanos constantly says is impossible. True he's often late delivering the impossible but he keeps delivering it. Then Chanos blithely moves on to declaring the next venture impossible. What a con man.

    • @svoslostick
      @svoslostick 5 ปีที่แล้ว

      I enjoy the Tesla Steak way more than the sizzle. Obviously he doesnt drive a Tesla.

    • @davidc2838
      @davidc2838 ปีที่แล้ว

      Chanos got his Rump Steak Burned on Tesla Shorts! 😂😂😂

  • @mrkwd21
    @mrkwd21 6 ปีที่แล้ว +3

    this Guys claim Tesla software is behind general motors.. this guy has a B.A in economics and political science, HE IS NOT A programmer, and can't be relied on his claim, he can only site "other" claims

  • @Dlout
    @Dlout 2 ปีที่แล้ว +2

    “Since 2014 this stock (Tesla) has gone basically flat” am I hearing this guy correctly? This guy has lost it in every way.

  • @HKashaf
    @HKashaf 6 ปีที่แล้ว +7

    "We have gone from being a concept to having to engineer automobiles and that's where it little more difficult" enough said, Tesla doesn't have a problem engineering vehicles, managing expectations and financing maybe but no problems with Engineering. If model 3 was ready for delivery in 2016 I wouldn't have purchased a Rav4.

    • @LoanwordEggcorn
      @LoanwordEggcorn 6 ปีที่แล้ว +1

      Manufacturing is hard. Tesla is successfully learning how to do it. And yes, it's hard.

  • @LuficariusRatspeed
    @LuficariusRatspeed 6 ปีที่แล้ว +2

    5:50 "In 2013, [Tesla stock] ran from $30 to $300." False. It went fromo 30 to a median of 220.
    "Since 2014 this stock has run basically flat." Again, false. In 2017 it jumped from 180 to 360.
    Jim Chanos is a flat out liar.

  • @GoodGawd
    @GoodGawd 4 ปีที่แล้ว +3

    Meanwhile stock past 1200 dollars. R.I.P.

  • @talunchiou5389
    @talunchiou5389 6 ปีที่แล้ว +4

    Not sure about you guys but I will never trust a short-seller

  • @craigcollinsjr
    @craigcollinsjr 6 ปีที่แล้ว +34

    A nobody judging a Somebody.

    • @0xdr0id29
      @0xdr0id29 6 ปีที่แล้ว

      He is richer than Elon btw

    • @ronadami5747
      @ronadami5747 6 ปีที่แล้ว +1

      0xDr0id
      elon worth=20bil
      chanos worth=1.5bil
      looks like elon by 1.3 orders of magnitude

    • @0xdr0id29
      @0xdr0id29 6 ปีที่แล้ว +1

      Musk has his main assets in Tesla stock. It might be worth a couple billions at the current stock price the problem is that he can not sell for the price as there would be a instant drop. Also Musk is financing his lifestyle with loans on stock, so he will be margin called when the stock price would drop which would further accelerate the decline. Chanos can sell anytime is hence richer. I know its difficult for little Musk fanboys to do basic thinking but who cares.

    • @ronadami5747
      @ronadami5747 6 ปีที่แล้ว +2

      Where did you get your info on how Musk finances his lifestyle? What on earth is your info on Musk's lifestyle? How much financing does it take to work 100+ hours a week? Musk also owns a good bit of Spacex. Why would he sell Tesla or Spacex since both are the loves of his life? Basic thinking; something you have trouble getting beyond.

    • @LukasSavickasI
      @LukasSavickasI 6 ปีที่แล้ว +1

      A nobody commenting on two somebodies.

  • @RussInGA
    @RussInGA 6 ปีที่แล้ว +4

    WoW! Chanos has absolutely no concept of what can be done when innovation and technology are properly leveraged. Unless he is able to engage in market manipulation (I am in no way accusing him of anything) I believe he is going to fail big time. I look forward to watching his downfall.

  • @dvoglavaazdaja
    @dvoglavaazdaja 6 ปีที่แล้ว +16

    Elon Musk is brilliant man and one of few our planetary heroes. Jim Chanos is an hedge fund manager. Who asks him ;-)

    • @krishnamohan2351
      @krishnamohan2351 6 ปีที่แล้ว

      dvoglavaazdaja people who will take anything in the mouth for money.

    • @0xdr0id29
      @0xdr0id29 6 ปีที่แล้ว +3

      Tesla is dependent on money from Wall Street. So is quite relevant what Wall Street thinks.

  • @GeneDexterExperience
    @GeneDexterExperience 6 ปีที่แล้ว +22

    Tesla is no Theranos. Come on man.

    • @0xdr0id29
      @0xdr0id29 6 ปีที่แล้ว

      So can you buy the 35k Model 3 which Tesla used to scam people for a free 1k loan?

    • @kentayzq
      @kentayzq 6 ปีที่แล้ว

      The 35K Model 3 is going to come. They just had to produce lower volume, higher spec Model 3s to root out teething problems in preparation for mass production which, they seem to have done. Tesla has stated that the 35K Model 3 is starting production early next year and there's no reason to be sceptical. Though if it's Tesla time, production would probably start between 2Q-3Q 2019.

    • @0xdr0id29
      @0xdr0id29 6 ปีที่แล้ว

      Its not true. Go on the website, they removed every reference to the 35k version.

    • @kentayzq
      @kentayzq 6 ปีที่แล้ว

      “Yes. We will definitely offer a $35,000 version of the Model 3. And probably at the end of this year is when we will be able to make a smaller version of the battery pack, and get into volume production of $35,000 version in Q1 next year. We would definitely honor that obligation, and we would do so right now if it were possible.”
      - Elon Musk at Q1 shareholder's meeting
      "It's a mistake to position [removal of mention of 35K Model 3 on Tesla's website] as a change in Tesla's plan because it's not, we're just focusing on the options that are available now for our customers so that it's more clear. There's nothing else to it."
      -A Tesla spokesperson on interview with Ars Technica on 13 July
      Tesla wants to encourage potential buyers to look at and consider the current variants of the Model 3 on offer now. They want them to purchase Model 3s now. Not wait till next year. Cause supply is probably starting to outstrip demand and they need to stop anti-selling the Model 3 through mentioning that buyers can wait till next year for a cheaper variant which would obviously decrease Q3 and Q4 sales. And, if they don't increase sales this year, they'll have to raise capital again.
      Also consider that if Tesla lies, their already weak-and wrongly so- reputation will be crushed. Oh, and the class action lawsuits are going to come rolling in. The Model 3 is the automobile equivalent of the B747. If a single part of the plan fails, "will the last person leaving Hawthorne please turn out the lights". Tesla just cannot afford not to sell the 35K Model 3. Even if they lose money on every single one.

  • @morwickchesterham3875
    @morwickchesterham3875 3 ปีที่แล้ว +3

    Jim Chanos is lost in wishful thinking

  • @rdk2086
    @rdk2086 4 ปีที่แล้ว +3

    tesla is now 400, up 50% in 6 months hahahahhahaha

  • @andrepoon
    @andrepoon 6 ปีที่แล้ว +8

    True: Musk is thin skinned on twitter.
    False: The model 3 is real, functioning and good. I would not like to be shorting Tesla right this moment.

    • @texastriguy
      @texastriguy 6 ปีที่แล้ว

      Andre P I don't think you said it the way you mean. You mean the Model 3 isn't a good car? Because this is what you said..

    • @0xdr0id29
      @0xdr0id29 6 ปีที่แล้ว +1

      Where is the 35k Model 3 which the valuation is based on?

  • @VilleHyytiainenInvesting
    @VilleHyytiainenInvesting 6 ปีที่แล้ว +3

    Has anyone seen Jim Chanos lately?

  • @NRV44
    @NRV44 6 ปีที่แล้ว +2

    Jim Chanos will be in historic book. He won Enron and he will loose over Tesla. It’s like every single time he is on CNBC he talks about Tesla.

  • @briandouglas8311
    @briandouglas8311 6 ปีที่แล้ว +6

    Elon Musk is tired of being bullied

  • @AdamWood
    @AdamWood 6 ปีที่แล้ว +1

    The problem here is they didn't ask or address how The Boring Company will accomplish their goals. They just said no, it's not going to happen. The information is readily out there on TBC website nonetheless. Hypocrisy at it's finest.

  • @dralexsadler9099
    @dralexsadler9099 6 ปีที่แล้ว +5

    I was doing some back of the envelope calculations on the earnings Tesla expects from the model 3 over the next two years, assuming Munro's teardown is accurate. Even if you assume that Tesla will only sell pre-ordered Model 3s, you still end up with enough money to more than cover the total debt Tesla owes. I kind of get the short case in the short term, especially if you're short seller on TV freaking out retail investors with stories about Elon Musk's psychological meltdown, but in the long run, I can't really see all that many problems. Perhaps somebody out there is better informed than I am.

    • @0xdr0id29
      @0xdr0id29 6 ปีที่แล้ว +1

      B Oar You have du deduct the costs of manufacturing, cost of guarantee and other like the cost of selling the car. This makes the margin negative 😂

    • @davidc2838
      @davidc2838 ปีที่แล้ว

      @@0xdr0id29The only thing Negative is Jim Chanos Bank Account from the Brutal Losses he took shorting Tesla. 😂😂😂

  • @slovokia
    @slovokia 6 ปีที่แล้ว +7

    Personality cults can form in the domains of both politics and business. Whoever is most charismatic usually wins in the short run because charismatic people are held to much lower objective performance standards by ignorant lay people. Most people would rather believe in something that makes them feel good than think rationally and dispassionately about what is actually going on.

    • @williamdraken6018
      @williamdraken6018 6 ปีที่แล้ว +2

      slovokia Well said and absolutely correct.

  • @leopard5810
    @leopard5810 4 ปีที่แล้ว +2

    chanos, RIP

  • @AlwaysHopeful87
    @AlwaysHopeful87 6 ปีที่แล้ว

    One of things I like to look at is Income from Operations. Tesla: 2014 -294 M, 2015 -888 M, 2016 -773 M, 2017 2.2 B. So this company is not making money from producing cars.

  • @SoshiMECH
    @SoshiMECH 6 ปีที่แล้ว

    There is a direct connection between the journalist making accusation about Tesla that drove the stock down and Jim Chanos. I use to think that Elon Musk was being harsh on the media but when you ignore such a connection and don't ask more questions related to that connection you are just proving him right.

  • @PhongNguyen-nz9kz
    @PhongNguyen-nz9kz 4 ปีที่แล้ว +1

    Boy was he wrong.

  • @Vincentvega293
    @Vincentvega293 3 ปีที่แล้ว +3

    Elon Musk is dancing all the way to the bank

  • @rileykilgore3724
    @rileykilgore3724 4 ปีที่แล้ว +2

    Hahahahahahahahahahahahahahahahahahahahahahahahahahahshahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahhahahahahhahahahahahahahhahahahahahahahahahahhahahahahah
    I’m out of breath

  • @bobh9492
    @bobh9492 5 ปีที่แล้ว +1

    Where you at now Jim? Elon is laughing at you.

  • @AngeloLancuba
    @AngeloLancuba 6 ปีที่แล้ว +2

    Of course the stock has been flat since 2014. The price back in 2014 reflects a long term view, which is about the unfold in the next 12 months. Watch it explode within 2 years. Why is something so obvious to some so unclear to others. I suppose thats the difference between winners and losers.

    • @williamdraken6018
      @williamdraken6018 6 ปีที่แล้ว

      Its the difference between those who analyze reality logically and objectively and those who are driven by fantastic emotional idealism.

  • @garn5341
    @garn5341 6 ปีที่แล้ว +1

    What's not good is Jim can keep coming on and saying negative things and never have to respond when he is wrong. He just keeps pilling on. He is correct on one thing, that if you keep amplifying things people will start to believe them, and that is exactly what he is doing and hoping for.

  • @Pompelipom33
    @Pompelipom33 6 ปีที่แล้ว +2

    Elon is about to save our planet for us all and there are people, companies and oil states that want him to fail.

  • @ArendJanV
    @ArendJanV 4 ปีที่แล้ว +2

    The bad time was 2013/14 lol. Hope you covered last year Jim.

  • @williamzabel2080
    @williamzabel2080 5 ปีที่แล้ว

    Why are they even talking about short selling like it is a good thing? Short selling is illegal.

    • @MW-gh1mo
      @MW-gh1mo 5 ปีที่แล้ว

      Say what?

  • @charleslambrou2806
    @charleslambrou2806 4 ปีที่แล้ว +1

    chanos seems to be so wrong about Tesla jan 2020

  • @gfsrow
    @gfsrow 6 ปีที่แล้ว +3

    Jim Chanos is not considering all the variables. His "formula," when applied to Tesla and/or Elon Musk, simply is inappropriate.

    • @0xdr0id29
      @0xdr0id29 6 ปีที่แล้ว +1

      So who is providing 5 billion of capital to keep the lights on in the factory the next year?

    • @dlamardeyoutoube
      @dlamardeyoutoube 6 ปีที่แล้ว

      An expert from the comment section on youtube will come up with the money. They are all genius like Elron. Trust them.

  • @jerryswartz9223
    @jerryswartz9223 6 ปีที่แล้ว

    Honestly I don't get the point of this video. It's just dumb how the media is always bashing Elon about his inventions and if you think about it Elon is one of the greatest inventors of our time not to mention most successful and innovative and then the media constantly comes up with untrue stories to put him down. Can't wait for his Pravda idea then we can rate news channels like this.

  • @adammilward2820
    @adammilward2820 6 ปีที่แล้ว +1

    Isn’t that what a short seller does what he keeps saying, “if you amplify things some certain part of people will believe it.”

  • @knochenhand1
    @knochenhand1 6 ปีที่แล้ว +1

    The main problem is, the sortseller can lie, in every word..... but an CEO must select every word perfect o he can go to jail.....nice system....

  • @troyps7
    @troyps7 6 ปีที่แล้ว +2

    Tesla short-selllers are like your super old uncle who doesn't get nor can he use technology so he'll say silly things about it to justify his own shortcomings.

  • @mynameismatt2010
    @mynameismatt2010 6 ปีที่แล้ว

    The problem with the mentality of "the results will out" is that shorts in large number and sufficient connection have the power to skew those results. Case in point, Tesla has demonstrated an ability to produce a desirable affordable electric vehicle at a gross margin akin to a luxury vehicle with sufficient volume to meet new demand and sufficient economies of scale to net positive cash flow per car. This is all public record included on a quarterly report filed with the SEC and nobody has accused them or found any evidence of fraud in any way. Their stock should, in a market that was driven by the value proposition of a position, go up on that news. Instead, a single analyst downgrades the stock, for reasons that are questionable at best and a violation of his fiduciary responsibility at worst, and the price falls 4%. This screams of direct manipulation, especially on a stock whose short position is equal to half of its cumulative revenue.

  • @enriquevillarreal54
    @enriquevillarreal54 4 ปีที่แล้ว +2

    2019/12/23 TESLA stock >$400 per share. How much profit is doing Jim Chanus short selling on TESLA?

    • @enriquevillarreal54
      @enriquevillarreal54 4 ปีที่แล้ว

      2020/1/13. Sorry I am wrong... now TESLA stock >$500 per share 😃

    • @user-RCST
      @user-RCST 3 ปีที่แล้ว +1

      @@enriquevillarreal54 $3,385 pre split.

  • @latestsports-viralsportscl3971
    @latestsports-viralsportscl3971 6 ปีที่แล้ว +4

    annoying

  • @texastriguy
    @texastriguy 6 ปีที่แล้ว +2

    "And there's no way you can land multiple orbital class booster rockets in perfect chorepgraphy!"
    LMAO @ Chanos. What has he accomplished? Zero.

  • @kevinr6871
    @kevinr6871 10 หลายเดือนก่อน

    It seems to me his problem was the idea of advancement given his comment regarding the Chicago subway system. Some people are opposed to technological advancement it seems, or maybe at issue is who was behind the innovations.

  • @julioguerrero6525
    @julioguerrero6525 5 ปีที่แล้ว +1

    Insanity!! What are these rocket scientist saying now?

  • @jeremylink3489
    @jeremylink3489 6 ปีที่แล้ว +4

    He didnt make a charge, he asked a question.

  • @leifjohnson617
    @leifjohnson617 4 ปีที่แล้ว +2

    Where is Chanos now?

    • @ProfessorFickle
      @ProfessorFickle 4 ปีที่แล้ว +1

      On suicide watch i guess LOL

    • @leifjohnson617
      @leifjohnson617 4 ปีที่แล้ว +1

      @@ProfessorFickle I have no ill will for anyone. They guy was just plain wrong, as a lot of the traditional stock analysts were. He, like the others, could not see Tesla as a technology company. He, and others, could only see it as a OEM. Very sad.

    • @ProfessorFickle
      @ProfessorFickle 4 ปีที่แล้ว

      Leif Johnson
      The lesson is ... never “short “ a stock , it’s the worst time of gambling ever. 🙃

  • @johngannon
    @johngannon 6 ปีที่แล้ว

    Chanos is done, he's pushed this narrative to the breaking point.

  • @Cars-N-Jets
    @Cars-N-Jets 4 ปีที่แล้ว +1

    Jim Who?

  • @loganmoody5552
    @loganmoody5552 6 ปีที่แล้ว

    Gee, I wonder if Chanos is trying to give Tesla more bad press. It's ridiculous how much say he gets in the media.

  • @LoanwordEggcorn
    @LoanwordEggcorn 6 ปีที่แล้ว +1

    First, I 100% support capitalism and free markets. I also support speculation, derivatives trading, etc. The latter both theoretically and empirically does help stabilize markets.
    That said, let us know when Chanos does something that actually benefits humanity, as opposed to his making money when stocks go down.
    Musk is successfully doing risky, difficult, and concrete things to improve the environment for everyone and to preserve the human race in space.
    I respect the latter very much more.

    • @onomatopoeia162003
      @onomatopoeia162003 6 ปีที่แล้ว

      So if you support true capitalism and not crony capitalism that we are in now. You would support a public option for competition in the Health Care industry and more options for higher speed internet for lower prices. Which makes the other bigger companies change and compete. Just 2 examples.

    • @LoanwordEggcorn
      @LoanwordEggcorn 6 ปีที่แล้ว

      Public option is socialism, not competition. Socialism is government intervention in the economy by force. That's just as objectionable as government intervention in personal lives by force, and just as objectionable as government intervention in foreign countries. Free markets mean free choices by consumers in an economy, not government intervention.
      And yes, crony capitalism is definitely not free markets. It's also supported and enabled by government intervention.
      I oppose government intervention in private lives, foreign countries, and economies. I support freedom.

    • @onomatopoeia162003
      @onomatopoeia162003 6 ปีที่แล้ว

      That's your opinion. I disagree. if you hate Socialism then. You would be against the Military, k-12, social security, Medicare, Medicaid, SCHIP, infrastructure, or any Corporate welfare that comes out of taxes as well (subsides), etc. The free market has its blind spots.

    • @LoanwordEggcorn
      @LoanwordEggcorn 6 ปีที่แล้ว

      Almost all of the services you mention can be provided more efficiently privately OR should not be provided via government force. Governments enforce their laws by force. If you don't follow the laws they send people with guns to put you in prison, at best.
      Only military is something that arguably should be done by government in order to secure the nation, but even it might be more efficiently done privately. Private charities are far more efficient than government "charites" also. Private roads are at least as good as government roads, and at comparable or lower cost.
      If someone hypothetically robs you and gives your stolen money to a charity, does that make it right? Most people would say no. Functionally that's what governments do.
      I expect that you disagree with this, but I also expect that you have not thought about it logically, rationally or with an open mind either. I challenge you do do the latter and find what you honestly discover.
      P.S. Corporate welfare us absolutely not a free market. It's opposite. I'm against all unjustified government intervention, including that.

    • @onomatopoeia162003
      @onomatopoeia162003 6 ปีที่แล้ว

      I forgot about the police and fire department. XD

  • @Jefemcownage
    @Jefemcownage 6 ปีที่แล้ว +1

    I always like to see the comedy show that is the brain of Jim Chanos. "I won big betting against ENRON."

  • @markoverton3162
    @markoverton3162 5 ปีที่แล้ว

    He’s past his best , Tesla is beyond his comprehension. I also believe he just hates that he’s wrong on Tesla . Time will crush his thinking ,

  • @rogerstarkey5390
    @rogerstarkey5390 6 ปีที่แล้ว

    @4:50
    "I think each one of those statements is probably not true..."
    Which immediately implies "Musk is lying"
    But if he went to court he would say
    "I think" (my opinion)
    And
    "probably" (not definitive)
    He then mentions another project which was notorious for being overcost and uses that as a cost guide, when it's already been explained that the Tesla system is cheaper and faster.
    Couple this to the "fact" that Chandos is "probably" up to his neck in debt as far as investment in Tesla is concerned, he wants (NEEDS) them to fail and I know who I believe!

  • @altonbutler9588
    @altonbutler9588 6 ปีที่แล้ว

    How could you mention Elon and Bad Blood , that was a full blown scam. I know Chanos knows that

  • @shawntravelstheworld911
    @shawntravelstheworld911 6 ปีที่แล้ว +1

    Short sellers who destroy companies should face capital punishment.

  • @chunglee6895
    @chunglee6895 6 ปีที่แล้ว

    Only two week past , how do you feel now?

  • @Mrbfgray
    @Mrbfgray 6 ปีที่แล้ว

    A lot of Tesla Fangirls got offended. There are two sides to every trade folks. Elon AND Tesla are rightly controversial, he's a 'genius' and the cars are great by all accounts but that does not necessarily mean TSLA is a good investment. If you are going to invest you better be open to both sides or get your head handed to you.

  • @thdjjfsfh
    @thdjjfsfh 6 ปีที่แล้ว +2

    Yes, yes, yes, keep shorting it. I need it to go lower so I can buy some.

  • @bartofilms
    @bartofilms 6 ปีที่แล้ว

    That last statement by Mr. Chanos, I see as positive for Tesla and Musk's leadership. They are overcoming hurdles daily and much of the improvement is in software, according to Musk. Annualized losses are $US 4B for Tesla right now, but if demand remains strong, that trend could. change soon.

  • @Dalisu87
    @Dalisu87 6 ปีที่แล้ว

    Lost me at comparing a car company to nasdaq

  • @garn5341
    @garn5341 6 ปีที่แล้ว

    No Jim, the steak turned out to be prime rib buddy! And you asked them to toss your slice into the trash. ;)

  • @guyguy1811
    @guyguy1811 6 ปีที่แล้ว +3

    Much respect for this man. But he WILL certainly not succeed in shorting this stock. The company has EVERYTHING in order to be a boundless successful company. If I wasn't a 17 year old college student i would most likely buy Tesla on a dip and would hold for a very long time...

    • @Undefined14
      @Undefined14 6 ปีที่แล้ว +1

      Joshua Hudson Here's the thing. Tesla is a 50 billion dollar company right now, and it's currently losing somewhere around 3b a year. So if you buy $1000 in Tesla, you're buying -$60/yr. Compare that with, say, Apple. They're basically a trillion dollar company but they're making over 50b a year. So your thousand dollar investment makes you 50/yr instead of losing 60. That's a huge hurdle to overcome just to be on par, and it will take many years in the most optimistic scenario. In the meantime, Apple will continue to grow their profits too.
      I'm not saying Tesla is a bad investment. On a sufficiently distant timeframe, it may outperform Apple. But the stock has gotten incredibly far ahead of the business. It helps the business, in that they can issue fewer shares to raise capital, and thus dilute their shareholders less. But at some point, the business will need to generate returns large enough to make up for all the time now that it's not generating returns at all. And from where they are now, and for how expensive the stock currently is, it's a long shot.
      That said, I want Tesla the business to flourish. But I've also got my finger on the button to short the stock, because there's zero doubt in the community that it's overvalued. It's almost certain that at some point in the future, Tesla will be worth significantly less than it is today. Potentially losing 80% of its market cap. If it drops 60% from where it is today, I'll start buying and continue to do so as it goes lower. I want to believe in the future of the company, but until it's reasonably priced I can't commit my shekels to the cause.

    • @Undefined14
      @Undefined14 6 ปีที่แล้ว

      Rick Lokers Lmao too late there buddy. I don't really know what your problem is, but I'm already a small business owner and investor. I'm only going to get more and more involved in business.

    • @dlamardeyoutoube
      @dlamardeyoutoube 6 ปีที่แล้ว

      I encourage all Tesla fan to invest massively. Since most don't have a driving license and are far from retirement they can afford an early wipe out.

  • @brickhunter9537
    @brickhunter9537 4 ปีที่แล้ว

    I need a Tesla Long Tshirt.

  • @MrEddiekessler
    @MrEddiekessler 4 ปีที่แล้ว

    I really hope Jim Chanos has mortgaged his house, Raided his kids college
    funds, Broken into the childrens piggy bank and stuck it all on
    shortselling TESLA. Eddie from Scotland

  • @gunsmithbasic
    @gunsmithbasic 6 ปีที่แล้ว

    oh yes, making cutting remarks on twitter shows that his cars aren't good enough. My lord

  • @m.burgesszbikowski8049
    @m.burgesszbikowski8049 6 ปีที่แล้ว

    You have to respect this guy, even when it hurts!

  • @stephanegervais2869
    @stephanegervais2869 5 ปีที่แล้ว +1

    imcompetent ,

  • @user-iy9mx4pm5z
    @user-iy9mx4pm5z 6 ปีที่แล้ว

    Tesla model3 will cost near 50 000$(incl self driving software)
    50 000$/7 years bettary garantee = 7000$/1 year
    7000$/12 months = 600$/month {if not pay on Tesla road charges stations}

  • @jbob34345
    @jbob34345 3 ปีที่แล้ว

    He must be feeling the pain so bad, but I think there is no doubt Tesla is now overvalued, there is a painful correction coming - once Tesla is unable to sell their EV tax credits it will become much more difficult for them to remain profitable.

    • @user-RCST
      @user-RCST 3 ปีที่แล้ว

      If Tesla wants to be profitable they can scale back R&d. Tesla is not overvalued if you understand the company.

    • @jbob34345
      @jbob34345 3 ปีที่แล้ว

      ​@@user-RCST Well we could argue about this all day. Tesla is a great company, but I think people underestimate the competition when you see them valued like they're gonna be a monopoly at over 1,000 times earnings.

    • @user-RCST
      @user-RCST 3 ปีที่แล้ว

      @@jbob34345 they will have a monopoly with FSD and a battery supply chain.

    • @jbob34345
      @jbob34345 3 ปีที่แล้ว

      @@user-RCST well i hope papa Elon makes you a f**k ton of money 💰💰💰

    • @user-RCST
      @user-RCST 3 ปีที่แล้ว

      @@jbob34345 so far it's been profitable.

  • @jungetrifftmadchen184
    @jungetrifftmadchen184 6 ปีที่แล้ว

    bla bla bla ... there is no proof of work/stake ... is there any proof in his words and how can i believe him
    see, there is the problem

  • @Erikslust
    @Erikslust 6 ปีที่แล้ว

    Chanos has been correct before but on this one he might be way off.

  • @SmaugMedia
    @SmaugMedia 6 ปีที่แล้ว

    Everytime I look at these negative Tesla videos they show the stock going down I look at stock it's always going up

  • @Trades46
    @Trades46 6 ปีที่แล้ว

    Good luck Chanos. This is an unpopular opinion but Musk is going on way over his head.

  • @michaelkestrel8363
    @michaelkestrel8363 6 ปีที่แล้ว

    Seems like the letter is accurate

  • @posearya9652
    @posearya9652 5 ปีที่แล้ว

    Why put in the air someone who doesn’t create anything helpful for the world?

  • @altosmusiclab2248
    @altosmusiclab2248 6 ปีที่แล้ว

    these DUFUS can't see what we like about musk and his stock???? why are they on TV?

  • @---jc7pi
    @---jc7pi 6 ปีที่แล้ว

    Its FLAT!!! Listen to me the stock is flat since 2014!! How about looking at all the history not just from the high point to now? Is this guy serious?

  • @Vincentvega293
    @Vincentvega293 ปีที่แล้ว

    Good old Jim "the competition is coming" Chanos. This guy boosted his short position against Tesla late December when the price was around $100. It's gotta hurt. Pity the fool. Please give poor little Jimmy apair of short short scene Elon.

  • @snitox
    @snitox 6 ปีที่แล้ว +2

    The guy is so far removed from reality. I think it's all an act.

  • @kellykitkat40
    @kellykitkat40 6 ปีที่แล้ว

    Say there are 3 agents in the stock market, A, B, and C. All A does is short sell the common stock of Tesla company. All B does is buy the common stock of Tesla company. And all C does is buy (from B) AND lend (to A) the common stock of Tesla. Then would not C and B eventually end up with a number of shares EXCEEDING the total number of shares outstanding, (equal to say X ; X being a finite number) of Tesla Company? In theory - no, because when C lends a share to A, that is one less share in C's account UNTIL the short is covered, the share owing returned. BUT what if the broker has been lending out the shares in C's account without C's knowledge? Are terrorist cells, white collar criminals, Bernie Madoff personality types, working on Wall Street?
    N(C) + N(B) > X : What prevents this from happening? Can you say for certain that your broker has not lent somebody else the shares that are in your account?
    The point being, does not short sellng create phantom shares which do not exist? For there appear to be no safeguards in place, and nor does the SEC investigate such issues. In other words many now think they are holding shares of Tesla common, when in fact they are not, but are merely receiving papers in the mail saying (falsely) that they have shares in their account.
    Consider the invention of tracking stock, which paper was as the paper money found in Parker Brothers' Monopoly board game. Or Bernie Madoff, who was eventually arrested but only after decades of claiming to buy and sell shares for his clients - all he was doing was issuing paper statements. The point being, the SEC, the politicians, police and journalists - by a large amount, do not care about such issues until their own livelihoods are personally threatened. They have no honour or sense of character - no zeal for righteousness, it would seem. Or am I being paranoid?