By CCN: Short seller Jim Chanos has criticized the quality of the cars leaving Tesla plants, reportedly saying they are “poorly made.” The Tesla bear, who profited handsomely from shorting Enron in 2001, also claimed the electric vehicle company’s products are mainly popular with those living on the U.S. coasts, according to Yahoo Finance. In Chanos’ view, Tesla’s direct sales model could be taking the focus of the company away from its core business. Turning away from the model employed by traditional carmakers has not worked out well. Chanos stated: “Tesla’s idea was to tear all that up and start
The post Tesla Bear Slams Elon Musk’s Cars as Poorly Made with Limited Popularity appeared first on CCN
Source: https://www.ccn.com/tesla-bear-elon-musk-cars-poorly-made