Shorting specialist predicts Tesla's demise

Well-known investor in the world of finance, Jim Chanos, has placed his money on further decline in the Tesla share. He believes it will end in bankruptcy.
Photo: Tesla
Photo: Tesla
BY RITZAU

Jim Chanos, who has dedicated his life's work to investing in the downturn of shares, a practice known as shorting, predicts that electric car manufacturer Tesla will go bankrupt, he tells Reuters in an interview Tuesday night.

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