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Investor says he has shorted Tesla stock, Musk calls him 'Thanos'
short by Ashley Paul / on Saturday, 16 September, 2023
Billionaire Tesla CEO Elon Musk called investor Jim Chanos "Thanos" after he said he has shorted stock of the EV-maker. "We just think [Tesla's stock] is ridiculously overvalued," Chanos said. "Jim Thanos needs to stop snapping his gloves on his own investments," Musk said. A short position is when an investor bets against the market, profiting when share prices decline.