@@horticultureandhomes How did he know? Explain or don't speculate without reasoning. You might be right but show some effort in proving your point instead of trying to sound smart.
One of the best short sellers still active and he gets 26k views. While others, with no track records gather millions of views. Makes total sense. Chanos has had his fair share of ups and downs, but whenever there’s fraud/large short opportunity. He’s always there. Unlike many other “short sellers”.
TSLA is worth approximately worth around $425.00 a share as of April 2020. Lower gas prices is hurting them. I am a firm believer in TSLA FOR THE FUTURE Rather scare to fool with it at these current prices. I’ll be all over it when gas prices start to go up.
My Dad used to be a Hard Money lender to Doctors. He said that Doctors were the Worst Investors in the USA (were too busy to study the market and had huge egos so they never could admit they made a bad pick) and they loved buying Airline and Auto Industry Companies because they traveled alot and loved collecting cars (man toys).
I appreciate your guest Mr. Chanos he much more honest in his comments about stocks than most of your analysts especially the ones recently recommend Boeing as strong buy or buy. Those guys need to get their head exam and shouldn't be invited to the show anymore.
Jim Chanos, I remember him. The one who is brilliantly shorting Tesla for years and still shorting at the price of $200 but a year later Tesla went to $800, what a remarkable portfolio he has.
Having a guy on CNBC asking about ethics in the market seems odd. Since CNBC has opened pandora's box may I ask CNBC do they think promoting a permanent bull market is ethical?
Really, so every $50 drop in TSLA this guy walks away with over a Millions and you think he doesn't make money .I bet he's been shorting every new high , So he if picked 10 drop and it went $27 so he spent less than a grand and walked away with about 17,000 ( 17x1000) for every option. FYI TSLA has millionaires and Billionaires for good option traders
@@larrysheetmetal Thats cute. Options have expiration dates. You don't just call the price you have to call the time. Price wrong, you go to zero. Price right, wrong time? go to zero. You really think it's as easy as "shorting every high" the best traders don't even presume to know where the highs and lows are. Did you even listen to his interview? They have to cover on the way up after a 5% move against their position. That means EVERYTIME Tesla moves 5% against them they take a loss.
The ARK Invest lady, touting a $7000/share price going into a bubble, did far more harm to naive investors than this guy, or any short seller, has ever done or could ever do.
Chanos must be happy to see Tesla Q1 delivery number! 150K+ capacity, 100K+ produced but only 88K delivered! Classic demand limited scenario! And flat for 6 straight quarters!! Chanos is incredibly smart on Tesla!
if short selling is banned, a lot of fuel is taken out of the market. It's good thing.. and short sellers are not the reason for the market dropping.. short sellers have to 'buy' back.. let's not even talk about the 80% of traders that are wrong and short bottoms and buy tops.. If you ban short selling you take out the fuel of those beautiful short squeezes.
I thought what Jim said was pretty useful generally about markets and China from a macro point. Much appreciated. Yeah TSLA up after hours past his 5% point. Might need to cover again
@@cuzr702 Trump is the stooge who got rid of the pandemic team and has very limit testing and limited masks forcing people not to work and allowing foreign travel.without testing anyone who got off a plane from Italy or anywhere for that matter.... Its all a dem hoax right??? Taiwan did it right. Work with protective masks and tests frequently
@@cuzr702 lets break down your comment. We have a pandemic team dr fauci is doing fine...... meaning its not trumps fault even though fauci was telling everyone it was going to be bad when trump was saying it was going to be a miracle and just go away.... cdc is at fault for the testing not trump. If the cdc was instructed earlier by the miracle in chief maybe they wouldnt have had to rush bad kits? But not trumps fault? Taiwan had an earlier outbreak so they were ready..... s korea had the outbreak same time as us but how were they ready and not us? I guess it was the networks fault for not advertising the apprentice enough and the show was cancelled because of that. Not trumps fault? If the "hoax" was taken seriously enough maybe we would have ventilators and masks and ppe. Thats a fact.
@@cuzr702 unfortunately a virus like this that is so transmissible will not just go away. While i cant say the hoax word came out of his mouth, although it did yours, he did say miraculously it will go away no? Its not a matter of instructing people how to do their jobs, its his job to make sure that they can do their jobs as best as possible. And you have to be honest with yourself and say that he never did and was too busy giving tax cuts to corporations for buybacks and cutting the budget in other ways by limiting the funding for the cdc. Yes s korea is a smaller nation but nyc is a big city and we could have focused on preventing it. I will slam cuomo too he downplayed it the same as trump. He could and should have been more proactive. There are plenty of hotspots now.... no one deserves this and all government should be held accountable for not protecting their people. Thats why we pay taxes and corporations dont
The run up in stock prices starting late last year coincided with many brokers dropping trading commissions to $0. This lured in many millennials right before the plunge. An entire generation of new investors will be disenchanted with the stock market for decades to come.
HA HA HA. CNBC trying to suggest there is some kind of morality in trading stocks. "Shorting stocks right now isn't the right thing to do." Jesus this is dribble.
The FED intervening every time there’s a crisis is the reason we have this huge collapse, we have trillions of $ in debt, the fed has to stop bailing out company’s and let the free market correct the mistakes of this phony economy
why why why on earth would I listen to anything Jim Chanos has to say????? He can't even figure out that Tesla is the best company on the planet period
Jim Chanos is like the guy who bets on the Don't Come Line in Craps and Elon Musk is the guy with the dice and 2 smoking hot babes on each arm making everybody money having a good time.
Well, he has a point now. For the time being, oil is cheap and people probably won't be buying so many new cars that are quite expensive in the grand scheme of things.
As others have said purchasing will drop heavily as the spending power of the average American will drop heavily and they will be very conservative. Tesla needs support or get a donor to keep them running.
In a righteous world he would be fired for failing two times at the same stock, but here he just get invited to CNBC next time he wants to burn other peoples money... Some never lern.
same biased interviewer who interviewed Chamath in 2019 and repeated Chamos talking points on Tesla and got completely slammed and who cited the "legendary" shot seller who covered his Tesla shorts on the "parabolic" rise in November-February and is now covering another "parabolic" rise in Tesla today in the time of a pandemicon a stock which he considers his "favourite" short position. From the same Chanos who makes money "once a decade" and a biased CNBC talking head.
Best interview since they had Peter Schiff. I believe in the future th y won't have Jim Chanos because when buying season comes back. They don't want no pessimistic short seller on their line.
"discussions in Omaha" @ 48:35 indicates to me that WB is ready to deploy some serious cash - wondering if it would just be w DAL or others too. Either way it would be a boast to airlines and BA - any thoughts out there?
I have had ! Tesla Short for 2 weeks. Good to see I'm not the only one. Today was their earnings, it went up and I got a second Position Short.Tesla been a bubble for a while. Wait until earnings Q2, Q3.... bloodbath!!
Chanos is such a lamebrain when it comes to Tesla - it's NOT just a car company. It's an energy and technology company. He will be eating his shorts again next year.
JIM CHANOS IS WRONG ON GRUB HUB. SMALL RESTAURANTS WOULDN'T WANT A FULL TIME DRIVER ON PAYROLL DUE TO SMALL VOLUME. ALSO, AS A DRIVER FOR GUBHUB/DOORDASH, WHY WOULD I ONLY WANNA SERVICE ONE RESTAURANT WHEN YOU I CAN SERVICE 100'S AT ONCE (VOLUME). DONT TAKE AWAY THE INDEPENDENT CONTRACTOR STATUS BECAUSE I MAKE MORE THEN IF I WAS A W2 WORKER THROUGH EXPENSING. SO THE SMALL RESTAURANTS WOULD HAVE A HARD TIME STAFFING THESE POSITIONS BECAUSE OF 3 POINTS: 1. CANT AFFORD TO PAY DRIVER WHAT THEY WOULD MAKE FROM GRUBHUB 2. DRIVER VOLUME FROM 1 RESTAURANT IS NOT ENOUGH CAUSING PROBLEMS WITH STAFFING POSITION. 3. GRUBHUB/DOORDASH OFFER A HUGE NETWORK OF CUSTOMERS CONCENTRATED ON 1 APP. GRUBHUB ALSO HAS CONSUMER PURCHASING DATA WHICH IS A GREAT ASSET
Augusto Lori i think chanos is betting that investors will be very impatient as soon as they see bad numbers on tesla. However, millenials seems to be sticking with tesla stocks for the very long term.
It is a car company that loses money. It a solar company that loses money and would have gone bankrupt had it not been folded into TSLA. And finally it is a battery company, and I will admit that the jury is still out on that one. Good luck with the batteries, because autos probably won't be that profitable and solar definitely won't be that profitable.
Wow his hubris in shorting Tesla will ruin his company...chanos is narrow minded not recognizing that Tesla has resources from spacex and solarcity. Sorry but Tesla is NOT just a “car company” imo.
Jesse B agreed feeling pretty blessed i got in around 45 dollars. I think next earning will be huge i have a lot of friends that all they have been doing is playing the new call of duties during quarantine and im sure there are many others buying add ons which will be straight profits for the company
Very well spoken, good mental capacity but really bad call to short Tesla coming out of corona when Tesla is down almost factor 3 from its high, that's a huge upside with a religious fanbase, how do you short that? I guess in steps of 5% losses in his case. It's an obvious long or was, at it has already come 90+% up from corona low. But probably a lot more to go.
it’s false to say Gig economy ppl are making minimum wage even considering expenses. I have friends who make $60+ and w/ all the expenses per mile tax write-offs they are really making money. This guy is just lucky. He is not an expert to be interviewed this long. He’s just a speculator.
@@mohamedelamin7651 Hi Mohamed, I understand what he's done, I just don't know how can he do it pre-market? That it when the market is closed to most of us, we can only particpate when the market opens and generally that's when most retail traders get crushed. thanks
He has the equivalent of elite access and special market makers that can fill his position. When you have millions or many hundreds of thousands of dollars as a professional investor/trader you get access to market participants other people don't . He probably had to pay a worse spread than post market but it was worth it to him.
@Coolhandluke bro, it depends on your broker. You can check if you have access to premarket (you don’t need to have millions). Second, you have to enter limit orders to get filled in premarket not market orders - so you have to be able to see what bids and asks are. Check with your broker.
He did a good job calling out CNBC for pushing retail investors to buy stocks that will ultimately get decimated as happened over the last 10 years.
decimated meaning reduction by 1/10 or 9/10?
Just the other day, Jim was pushing Abbvie. He knew what was coming.
@@horticultureandhomes What is wrong with Abbvie? It weathered the storm well so far
@@levonk6646 He knew it was no where close to a bottom.
@@horticultureandhomes How did he know? Explain or don't speculate without reasoning. You might be right but show some effort in proving your point instead of trying to sound smart.
One of the best short sellers still active and he gets 26k views. While others, with no track records gather millions of views.
Makes total sense.
Chanos has had his fair share of ups and downs, but whenever there’s fraud/large short opportunity. He’s always there. Unlike many other “short sellers”.
He's a moron. TSLA is trading well over 900.
One of the best interviews I’ve ever heard on CNBC
I one-thousand percent agree with you!!
I feel like I’m floating in satisfaction listening to this cooking my dinner.
Agreed
As soon as he started talking about China, they interrupted him.
DigitalMadrigal they’re bought and paid for
Can't upset CNBC's Chinese Overlords
Having read your comment , I won't bother watching the video. I was only here to hear what he had to say about Chinese companies on the US exchanges!
@@antonystringfellow5152 Then you should listen.
timecode?
Please do more interviews like this, with guys like this. Very good content.
Jim a Legend
As much as I think he's wrong on his Tesla short, I wouldn't doubt this guy's credentials. A lot of wisdom to be taken from him.
TSLA is worth approximately worth around $425.00 a share as of April 2020. Lower gas prices is hurting them. I am a firm believer in TSLA FOR THE FUTURE Rather scare to fool with it at these current prices. I’ll be all over it when gas prices start to go up.
My Dad used to be a Hard Money lender to Doctors. He said that Doctors were the Worst Investors in the USA (were too busy to study the market and had huge egos so they never could admit they made a bad pick) and they loved buying Airline and Auto Industry Companies because they traveled alot and loved collecting cars (man toys).
Chanos is on target with Tesla as well. The guy is a pro and he knows what he is doing. Tesla = modern Tulips! LOL
@@MartinSage Are you a bot?
Hey yall, how well did this age...... I'm thinking it aged like un-refrigerated milk.
I appreciate your guest Mr. Chanos he much more honest in his comments about stocks than most of your analysts especially the ones recently recommend Boeing as strong buy or buy. Those
guys need to get their head exam
and shouldn't be invited to the show anymore.
Lol I made thousands on Boeing over the last few weeks.
GREAT INTERVIEW. INFORMATIVE. THANKS, CNBC STAFF.
Jim Chanos, I remember him. The one who is brilliantly shorting Tesla for years and still shorting at the price of $200 but a year later Tesla went to $800, what a remarkable portfolio he has.
Having a guy on CNBC asking about ethics in the market seems odd. Since CNBC has opened pandora's box may I ask CNBC do they think promoting a permanent bull market is ethical?
They trash tesla any time they can, they clearly are not promoting a bull market, they will attack anything their advertisers want.
Chanos needs his own radio show. He has a waiting audience.
Agree. Chanos is a very astute stock assessor and communicates his views clearly and understandably .
Great interview, thanks for having JC on, love his insight. It’s really interesting.
I like Scott Wapner's interviewing style.
him and Becky are the only ones that deserve to meet outside speakers
elemexe Since the virus started, Becky is looking sicker and sicker. It seems like she has lost lots of weight...
Balla Jallow Being at home, she is probably having to do her own make up. 🤷♂️
Ryan Morikawa so doing your own makeup would make you lose weight? That’s interesting. Never heard of that😀
Ryan Morikawa oh yeah maybe she’s not used to being at home and very outgoing and that’s why she looks sick
Every time, Tesla sinks as he appears in CNBC
Chanos just shat his pants. Nice AH move.
I’m sure he’ll love the sales numbers for Q1 🤣
rayc2k they are best Q1 numbers ever
Won't see that sucker for a while now.
"Tesla is a car company"🤦🏻♂️
"Jim chanos makes money once a decade" I guess chamath is not wrong
Really, so every $50 drop in TSLA this guy walks away with over a Millions and you think he doesn't make money .I bet he's been shorting every new high , So he if picked 10 drop and it went $27 so he spent less than a grand and walked away with about 17,000 ( 17x1000) for every option. FYI TSLA has millionaires and Billionaires for good option traders
@@larrysheetmetal this guy shorted tesla at $250, how the F is he making money. Jim Chanos is useless.
@@larrysheetmetal Thats cute. Options have expiration dates. You don't just call the price you have to call the time. Price wrong, you go to zero. Price right, wrong time? go to zero. You really think it's as easy as "shorting every high" the best traders don't even presume to know where the highs and lows are. Did you even listen to his interview? They have to cover on the way up after a 5% move against their position. That means EVERYTIME Tesla moves 5% against them they take a loss.
Recent beat on TSLA Q1 production & deliveries--stock gained 10% overnight. I guess it's not Chanos' decade yet...
The ARK Invest lady, touting a $7000/share price going into a bubble, did far more harm to naive investors than this guy, or any short seller, has ever done or could ever do.
Very very insightful, sensible, educational piece. Thank you doing this segment CNBC!
2:57 honest answer and dang rare on CNBC
Chanos must be happy to see Tesla Q1 delivery number! 150K+ capacity, 100K+ produced but only 88K delivered! Classic demand limited scenario! And flat for 6 straight quarters!! Chanos is incredibly smart on Tesla!
BRILLIANT! Especially on Uber and Tesla.
Lol
Much respect to Chanos
if short selling is banned, a lot of fuel is taken out of the market. It's good thing.. and short sellers are not the reason for the market dropping.. short sellers have to 'buy' back.. let's not even talk about the 80% of traders that are wrong and short bottoms and buy tops.. If you ban short selling you take out the fuel of those beautiful short squeezes.
Chanos only show up when Tesla goes down. Disappear when tesla goes up.
I thought what Jim said was pretty useful generally about markets and China from a macro point. Much appreciated. Yeah TSLA up after hours past his 5% point. Might need to cover again
Won't see him for a while now haha.
And? He’s never actually been wrong about the company.
Awesome interview and content. Thank you. Keep up good work.
How are some people allowed to be so smart
🤣🙈😭
@@cuzr702 because we all should vote based on the market? And btw the market is not the economy
@@cuzr702 Trump is the stooge who got rid of the pandemic team and has very limit testing and limited masks forcing people not to work and allowing foreign travel.without testing anyone who got off a plane from Italy or anywhere for that matter.... Its all a dem hoax right??? Taiwan did it right. Work with protective masks and tests frequently
@@cuzr702 lets break down your comment. We have a pandemic team dr fauci is doing fine...... meaning its not trumps fault even though fauci was telling everyone it was going to be bad when trump was saying it was going to be a miracle and just go away.... cdc is at fault for the testing not trump. If the cdc was instructed earlier by the miracle in chief maybe they wouldnt have had to rush bad kits? But not trumps fault? Taiwan had an earlier outbreak so they were ready..... s korea had the outbreak same time as us but how were they ready and not us? I guess it was the networks fault for not advertising the apprentice enough and the show was cancelled because of that. Not trumps fault? If the "hoax" was taken seriously enough maybe we would have ventilators and masks and ppe. Thats a fact.
@@cuzr702 unfortunately a virus like this that is so transmissible will not just go away. While i cant say the hoax word came out of his mouth, although it did yours, he did say miraculously it will go away no? Its not a matter of instructing people how to do their jobs, its his job to make sure that they can do their jobs as best as possible. And you have to be honest with yourself and say that he never did and was too busy giving tax cuts to corporations for buybacks and cutting the budget in other ways by limiting the funding for the cdc. Yes s korea is a smaller nation but nyc is a big city and we could have focused on preventing it. I will slam cuomo too he downplayed it the same as trump. He could and should have been more proactive. There are plenty of hotspots now.... no one deserves this and all government should be held accountable for not protecting their people. Thats why we pay taxes and corporations dont
I didn't know this guy but Peter Schiff brought me here
Ícaro Oliveira same
You are on the right track. One with good fundamentals. Check out "Cramer Mad Money"
Famous for calling out and shorting Enron 20 years ago
Don't get fascinated with Schiff. He is a broken clock. Right once a century.
@@george4vIogging He along with others have contributed to my financial education. His advice is worth listening to.
one of the smartest guys on these shows
some of the experts on these shows are silly - and i am being very nice.
this man is fantastic !
Very intelligent investor. Thanks for sharing.
“Yesterday analyst reduced their earnings estimates, not because of the virus”. Sure buddy, sure.
Great man! Please bring this guy back often vs bringing mega clowns like Tom Lee and other jokers
Chanos took his shorts off and cnbc rolled out the red carpet hehe
There is a ton of information from this interview a unique mind
Fun thing about Jim C, he's simple in his thesis, sensible yet very few will/can do trade on it and be successful. Why? Start blaming, below.
Should short JB and Long BS instead. JB will forget who he is shortly.
The run up in stock prices starting late last year coincided with many brokers dropping trading commissions to $0. This lured in many millennials right before the plunge. An entire generation of new investors will be disenchanted with the stock market for decades to come.
🤔
Are you talking about yourself? Most Millenials that I know are broke
The host misquoted Munger. The most important component: 'Never underestimate the man who overestimates himself'.
the Munger quote is correct and different from the one you quoted
great question Josh
I made a shitload of money doing the opposite of this guy.
And you lost it all today. Good one cvck.
20:35 OMG! NO! SFTU!!!! NOOOOOOOOOO!!!
Where do yo get data on eTrade, Robinhood etc.
on who is buying?
HFs pay millions for non public info, like hiring satellite companies to view parking lots at malls
HA HA HA. CNBC trying to suggest there is some kind of morality in trading stocks. "Shorting stocks right now isn't the right thing to do."
Jesus this is dribble.
Morality applies to just about everything. Chanos's rationale is correct.
Gets crushed by TSLA in after hours
this guy is blind ( can't see the future of EV ) i don't mind taking his money lol
Doesn’t care. It’s nothing compared to $900+
Andy H not for long
Maher Almasri he does see it but does not see Tesla in it. He is only interested in business models, that’s all, no hard feelings!!!
Just downloaded this interview!
I would like to see Chanos and Baron duke it out
Chanos has lagged the S&P by 40% over the last decade. He should be a fan of passive investing for his clients. They would be better off.
Long Biden and short Musk? I'll take the opposite side of that bet.
iancaseydouglas i am opposite, dude. You cant go long with 78 years young man!!!
“Jim Chanos makes money once a decade." - Chamath Palihapitiya on Tesla short seller. Hahaha
That's all you need if you make way more once a decade than you do for an entire decade then you are sitting pretty!
@@ricomajestic Doubt it Lol
Super relevant for 2021
Even more for 2022 and 2023
OH boy. How can you respect a short seller who has to buy back as TSLA share price balloons then short sells even more as the price goes down. SMH
without the FED intervention the stock market would be DOW 15000 by now.
Yawn
Or 1500
Agreed. 15,000 is being generous. I would predict under 10,000
It wouldn't have even made it to 15000 without the fed. They are attempting to rescue people off the bus they pushed off the cliff.
The FED intervening every time there’s a crisis is the reason we have this huge collapse, we have trillions of $ in debt, the fed has to stop bailing out company’s and let the free market correct the mistakes of this phony economy
why why why on earth would I listen to anything Jim Chanos has to say????? He can't even figure out that Tesla is the best company on the planet period
I don't listen to the IDIOT CHANOS. Why waste time with the IDIOT ?
Jim Chanos is like the guy who bets on the Don't Come Line in Craps and Elon Musk is the guy with the dice and 2 smoking hot babes on each arm making everybody money having a good time.
Great Interview. Didn't expect this from Jim Chanos today. He's right on $TSLA, but he should just give that one up and throw in the towel.
Something tells me in this frothy market that Jim is going to be very very right very very soon.
China will soon out-Tesla Tesla.
Good call. 🤣
Hi Jim where you been lately? TSLA is now over 900. Hope you are still feeling well.
Now pushing 2K
he sees more short on tesla ? WTF !
well not today boiii
Could go into the 300's again probably what he sees or very high 200's
Forgot to take into account all of the all in at 450 orders, then 4:57 sales report 🤣🙈😭
Well, he has a point now. For the time being, oil is cheap and people probably won't be buying so many new cars that are quite expensive in the grand scheme of things.
As others have said purchasing will drop heavily as the spending power of the average American will drop heavily and they will be very conservative. Tesla needs support or get a donor to keep them running.
Won't be seeing Jimbo for a while now!
In a righteous world he would be fired for failing two times at the same stock, but here he just get invited to CNBC next time he wants to burn other peoples money... Some never lern.
Maybe a follow up with Jim Thanos about how it went shorting Tesla? :)
especially now lol
This is the guy that shorted Tesla at 250 while they rose to 960. Amazing that they think he has any credibility at all.
Soon as the whole world shutdown Thanos... I mean Chanos comes out to play.
same biased interviewer who interviewed Chamath in 2019 and repeated Chamos talking points on
Tesla and got completely slammed and who cited the "legendary" shot seller who covered his Tesla shorts on the "parabolic" rise in November-February and is now covering another "parabolic" rise in Tesla today in the time of a pandemicon a stock which he considers his "favourite" short position. From the same Chanos who makes money "once a decade" and a biased CNBC talking head.
Instant classic Chanos!
Everything is going down.
Best interview since they had Peter Schiff. I believe in the future th y won't have Jim Chanos because when buying season comes back. They don't want no pessimistic short seller on their line.
Short Tesla at $473 Short Wendy's at $13.. yikes
last guy immediately sold his Uber shares after listening
nice interview.
"discussions in Omaha" @ 48:35 indicates to me that WB is ready to deploy some serious cash - wondering if it would just be w DAL or others too. Either way it would be a boast to airlines and BA - any thoughts out there?
I have had ! Tesla Short for 2 weeks. Good to see I'm not the only one. Today was their earnings, it went up and I got a second Position Short.Tesla been a bubble for a while. Wait until earnings Q2, Q3.... bloodbath!!
Where do you think the returns will be after Q3 results?
Speaking about Tesla Jim Chanos just got burned hours after this call TSLA up $89 afterhours high April 2nd
NorthStead - North Bay Landscaping LTD so? Come back In few days and see where TSLA sits..
@@KennethYKim Tomorrow I will sell a some shares take some "chanos money", is what I call it.
Apparently, turned out that it was very good short opportunity.
Yes definitely some weight there.
@@KennethYKim Yeah how about now then?
Chanos is such a lamebrain when it comes to Tesla - it's NOT just a car company. It's an energy and technology company. He will be eating his shorts again next year.
I hope everyone at CNBC gets fired.
Why support Biden 2020? Oh.get it, that would be a win for a short seller when markets crash.
I hope he goes broke shorting Tesla 😂👍
This guy hates Tesla. Used to be going bankrupt, now not gonna make money. Now he thinks Tesla’s a fraud. What a nut. Good luck bro keep shorting.
Tesla is a car company but it is mainly a technology company
jim chanos u good bruh? you need some money to meet those margin calls? 🥺
JIM CHANOS IS WRONG ON GRUB HUB. SMALL RESTAURANTS WOULDN'T WANT A FULL TIME DRIVER ON PAYROLL DUE TO SMALL VOLUME. ALSO, AS A DRIVER FOR GUBHUB/DOORDASH, WHY WOULD I ONLY WANNA SERVICE ONE RESTAURANT WHEN YOU I CAN SERVICE 100'S AT ONCE (VOLUME). DONT TAKE AWAY THE INDEPENDENT CONTRACTOR STATUS BECAUSE I MAKE MORE THEN IF I WAS A W2 WORKER THROUGH EXPENSING. SO THE SMALL RESTAURANTS WOULD HAVE A HARD TIME STAFFING THESE POSITIONS BECAUSE OF 3 POINTS: 1. CANT AFFORD TO PAY DRIVER WHAT THEY WOULD MAKE FROM GRUBHUB 2. DRIVER VOLUME FROM 1 RESTAURANT IS NOT ENOUGH CAUSING PROBLEMS WITH STAFFING POSITION. 3. GRUBHUB/DOORDASH OFFER A HUGE NETWORK OF CUSTOMERS CONCENTRATED ON 1 APP. GRUBHUB ALSO HAS CONSUMER PURCHASING DATA WHICH IS A GREAT ASSET
Hey, CNBC. Have you been to the great country of Taiwan? I heard they don't have the lockdown like we do. You should go there.
That action song is good !!
Chanos only comes when the market is down. How much money does he lose when stocks/market are up?
He said at the beginning their main fund is net long.
How can his shorts in energy get slammed? Those companies are on a pickle.
If Chanos analyzes stocks in a professional manner , how come his analysis of tesla is so partial since regards only the money and not the potential?
Augusto Lori i think chanos is betting that investors will be very impatient as soon as they see bad numbers on tesla. However, millenials seems to be sticking with tesla stocks for the very long term.
"it's a car company" clearly he doesn't know what Tesla is.
Rui PTG it’s car company though
@@Stoneface_ it's a company, and one of the products it makes is a car. As it grows it'll be more clear, but Tesla is not "just" a car company.
Rui PTG lmao, and coca cola isn’t a soda company
@@jacobkosmicki3392 you're right, they make a lot more
It is a car company that loses money. It a solar company that loses money and would have gone bankrupt had it not been folded into TSLA. And finally it is a battery company, and I will admit that the jury is still out on that one. Good luck with the batteries, because autos probably won't be that profitable and solar definitely won't be that profitable.
The vice president is Mike Pence!
Nothing new. We had a bull market for over 10 years. It just came to an end.. Question is is how long is the bear market going to last????
About 6-8 months
It’s already over. “V” rally... again.
Onething is certain, bottom is so far. CNBC is a nice indicator.
But what about herbalife? Haha
Check the stats on Uber drivers and the virus contact?
Jim thanos
Shorting is the "name of the game".in 2020 with a finger on the trigger
Wow his hubris in shorting Tesla will ruin his company...chanos is narrow minded not recognizing that Tesla has resources from spacex and solarcity. Sorry but Tesla is NOT just a “car company” imo.
I'm shorting tesla * up 100 from this video... I'm shorting places like wendies * up 100 from this video.
I'm shorting this video.
Covered Tesla at 12:50 pacific thank the lord
Nothing says do the opposite than a CNBC showing recommendations
Resigag normally yes, but in this case the shorts going right back on haha
Activision Blizzard will have great earnings and they are a great company even before Corona
Jesse B agreed feeling pretty blessed i got in around 45 dollars. I think next earning will be huge i have a lot of friends that all they have been doing is playing the new call of duties during quarantine and im sure there are many others buying add ons which will be straight profits for the company
Very well spoken, good mental capacity but really bad call to short Tesla coming out of corona when Tesla is down almost factor 3 from its high, that's a huge upside with a religious fanbase, how do you short that? I guess in steps of 5% losses in his case. It's an obvious long or was, at it has already come 90+% up from corona low. But probably a lot more to go.
it’s false to say Gig economy ppl are making minimum wage even considering expenses. I have friends who make $60+ and w/ all the expenses per mile tax write-offs they are really making money. This guy is just lucky. He is not an expert to be interviewed this long. He’s just a speculator.
bought uber $24 and Spce $13
I plan on buying the whole company for $24 in 2022
Super interview. But how can he cover his LK position in the pre-market? I cannot do that so how does that work? Anyone in the know how?
Coolhandluke he buys back the stocks he shorted pre market
@@mohamedelamin7651 Hi Mohamed, I understand what he's done, I just don't know how can he do it pre-market? That it when the market is closed to most of us, we can only particpate when the market opens and generally that's when most retail traders get crushed. thanks
@@coolhandluke7760 Futures i guess
He has the equivalent of elite access and special market makers that can fill his position. When you have millions or many hundreds of thousands of dollars as a professional investor/trader you get access to market participants other people don't . He probably had to pay a worse spread than post market but it was worth it to him.
@Coolhandluke bro, it depends on your broker. You can check if you have access to premarket (you don’t need to have millions). Second, you have to enter limit orders to get filled in premarket not market orders - so you have to be able to see what bids and asks are. Check with your broker.
Just came here to hit dislike for Jim Chanos!
15:00
30% of w.amer. = indep. contractors(no $ in unemployment pools)