Jim Chanos

And while we’re on the subject of rapidly escalating AI capex, do you know which AI “leader” is not spending much on “AI Infrastructure”? That’s right…the one that brags about it the most. $TSLA https://t.co/gvD6ASfT9K (2) Here is the raw data from the $TSLA PP&E accounts. Including “Construction in Progress”, about $5B in tech/AI spend in the LTM. https://t.co/dTNMy9RbWu

$MSFT’s capital base was $386B at 6/30/25 FYE. So again, another Mag7 company growing capital roughly 2x revenues. FYI, $MSFT’s current annualized EBITDA is about $180B, and their FY 2025 capex was $65B. $120B is a huge jump.

(2) Put another way, $META increased its capital base 45% Y/Y in the 2Q, from $145B to $210B, or $65B. Yet annualized D&A increased only $2.8B ($700M x 4) in the recent 2Q. That’s 22-year life, on the margin. Whatever you think of the stock price here-that’s patently absurd. (3) I would also note that $META is now growing its capital base more than 2x its revenues, 45% vs 21%. And for those of you posting/asking, we have NO short position/recommendation in $META.

I would note that there is one word $CVNA did NOT use to describe the short report. Maybe Carvana could post their internal report that reaffirmed their conclusion about the report being “inaccurate, incomplete, and misleading.” https://t.co/bMwAH8Zbqm

Seems about right. The @ChicagoBears probably 14-15 spots too high. #GoPackGo

I’m old enough to remember when Tesla itself was supposed to be a leader in battery technology, not just a customer. $TSLA

This is easily solved by hiving-off the commercial customer(AI) business from state regulatory return-on-equity rate increase calculations for residential customers. They shouldn’t be blended anymore, given AI demand needs.

No, it’s not. $MSTR

I’m old enough to remember when the securities regulators used to frown upon trying to engineer a short-squeeze while selling stock in a registered offering. “The people who sold our stock before we can, are evil!”

“Et tu, Zooz Power…?!”

“Nothing to see here…move along.”

Never mind the $30T, the TAM for immortality is infinite.

$2.50 a brat/beer at American Family Field…?! Woo hoo! #ThisIsMyCrew https://t.co/PF82nvpKUg

Despite today’s rally, out year (2026-29) $TSLA Adjusted EPS estimates have dropped another 4-8% since the 2Q earnings print. Here’s a history of the 2026-29 estimates, going back to 2019. https://t.co/UU7ssdswX5

@TradableThesis This you…? Four years…?! https://t.co/R6H93td7GP

Tesla continues to make these posts on social media, while claiming in courtrooms that no one should believe its cars drive themselves. $TSLA

Is every Vancouver-ish mining company going to transmute into a Bitcoin treasury company?!

Woo hoo!

Please note that many $TSLA bulls think that the Company will be producing close to a million robots per month by 2030. 1.2M Optimus units at $50K each, is $60B in revenue, and no more than $2-3 in EPS. And given Elon’s timeline history, that’s probably 2035. Material delay here.

@TheTranscript_ FWIW, Alphabet’s capital employed was $320B at 6/30. That $5B in annualized D&A is still 16-yr life. $GOOG $GOOGL

He obviously meant half of Austin, right…?!

Remind me, do the $TSLA cars in the Las Vegas tunnels still have drivers?

Not sure that if I was trying to convince people Russia’s meddling in the 2016 Election was a “hoax”, I would be citing DNC emails…stolen by the Russians.

I can’t wait for Tucker to interview the “misunderstood” Jan Marsalek in Moscow! #Wirecard

So the management team that couldn’t mine Bitcoin as a profitable business proposition is now simply going to buy it…with your money. $MARA

Quantum BioPharma Makes Strategic Investment in GameStop Corp (We have reached the Treasury Company Singularity) $GME https://t.co/v16bB3FOPs

⁦@Brewers⁩ one win away from free burgers for fans with potential 12-game streak https://t.co/hdx795s97h (2) Mood in MKE tonight #ThisIsMyCrew https://t.co/n6oxIdNLET (3) Goodbye, Free Hamburger! (Our track record in “Must Win” games is maybe not the best) #ThisIsMyCrew https://t.co/5YwQ6W3HZ9

@funwithnumberz @JSeyff @EricBalchunas (2) As a reminder, $MSTR has $26.5B of remaining ATM capacity in its other three preferred classes. So why bother with a similar fourth class for $500M…?! I suspect for the narrative value. https://t.co/N0CMcMh0VR

If you are trading $MSTR and are not following the implied mNAV collapse at $CEPO, you are not doing this right. The Cantor Bitcoin treasury company will become the second largest this year, after Strategy.

A new week means a new crop of Bitcoin treasury companies.