Jim Chanos

#YouKnow

Season Two trying to boost ratings with a game show competition subplot! https://t.co/l0T6Ou5G64

I have family at the #NFLDraft2025. It’s like a @packers “Where’s Waldo”… https://t.co/1OvhHP5YOz

The $TSLA Greatest Hits

Live Nation Dominates Live Music. Here Are the Ways It Cashes In on Concerts | Yet despite this, $LYV makes very little money for its common shareholders (LTM is roughly $1 per share)! https://t.co/68W2D0wXIe

“One of these is not like the other…”

@thejefflutz (2) And, 3. Tesla’s $30B of working capital and $6B of annualized capex is now peanuts in today’s AI arms race. The other Mag7 companies are spending more than that each year…funded from operations. And Tesla has still not unlocked FSD autonomy after ten years of effort.

$LUV reducing capacity in the 2H. $GE https://t.co/oDFKrg3DUO

Can’t stop, won’t stop…

Other than his statements yesterday…?!

Keep in mind that this Optimus “forecast” implies annual revenues of only $30-50B in 2030, and less than $2 in EPS, at reasonable margin assumptions. A lot of $TSLA bulls have MUCH higher numbers in their models.

Elon says 90-99% market share for the Tesla Robotaxi…?! Lol, ok. #Puffery

Correct. Short interest in Tesla, at a little over 2% of shares outstanding, is a non-factor in the trading of $TSLA shares.

@gnoble79 With capex declining almost 50% both Y/Y and Q/Q, despite all its next gen(AI, robotics, etc) initiatives, lol. $TSLA https://t.co/AOGJh0VVyn

And yet, I can’t find a realistic cost-per-mile model for this $5-7T Robotaxi “opportunity”. $TSLA (2) And of course if you extrapolate $GOOGL’s Waymo numbers (LA/SF/PHX/AU are 9% of the US urban population), or NYC’s $5B market(7% of US urban), you can see pretty quickly this doesn’t add up to $5-7T. More like $50-70B for entire US ride-hailing market. https://t.co/jdM9zwjiQ9 (3) And $LYFT has about one-quarter market share in the US, with 2024 gross bookings of $16B. Again, the implied math ($64B market) checks out. $TSLA https://t.co/PPGaQ1H3n1

People trying to get excited about $GE 1Q results, but their implied guidance for the remainder of 2025 is a huge deceleration. For example LTM (through 1Q) Operating Profit is $7.9B, with 2025 guidance at $7.8-8.2B. At 34X 2025E EPS. https://t.co/PnLjXFjBnZ

Data Centers #UhOh https://t.co/fRWNFxMV58

Has Season Two officially dropped the DOGE, Greenland and Ft. Knox storylines?

“Bid 11M, 15M, 20M, 30M, and now 35M. Do I hear…40M?!”

Wasn’t “China Trade Deal” one of the plot lines in Season One…?

China sending a message $TSLA https://t.co/bVzsZsRO9C

It’s that time of the year again…

I see that the Administration has increased its claim of Biden Administration illegal immigration from 11M to 15M, and now to 20M. But I took a look at public school enrollment at three Blue State public school districts (LA Unified, Denver and Albuquerque) from 2020 to 2024. (2) And you know what? Enrollment was flat(Denver)to down(Albuquerque/LA)over the four years of the Biden Administration, despite claims of millions of additional illegal immigrants using public services, like schools. Only three representative cities, but would love to see more. (3) Further north, here’s NY/NYC. Declining. https://t.co/OikVhsJ3qj (4) The Houston Inde…

Everybody ok with this…?!

Tesla executives seem as skeptical as $TSLAQ about Robotaxi profitability. From @theinformation. https://t.co/PoyMHg1hqT

Also, why was this not disclosed on April 9th(or 10th)? $NVDA https://t.co/3wIo30xuK0 (2) And given that China (plus Singapore) is apparently 30% of $NVDA revenues, the $5.5B H20 charge is almost 2x China-related quarterly COGS. Very strange. https://t.co/TFl9XvGwtj

@assouline99 The $NVDA 1Q charge is also over 50% of last quarter’s COGS ($10.6B). @assouline99 (2) And given the demand, these $NVDA chips can’t be sold to other customers…?!

Jefferies cutting 1Q and 2025E estimates sharply for $LYV. 2025E EPS goes from $3.00 to $1.96, with a 12% tax rate. 1Q revenues now estimated to be DOWN 11% Y/Y. (2) So as of the 1Q, $LYV’s LTM EPS will be +/- $1.00, with concertgoers needing to finance their tickets with BNPL! How does the business get materially better from here…?

President Trump considers pausing auto tariffs to give carmakers more time | On March 27th he called the auto tariffs “permanent”. https://t.co/GzMR1zMCPA

Again, the institutional buyers of the “tax equity” deals from $NOVA and $RUN have to have their heads examined.