Elon Musk reacted to the news of notable Tesla critic and short-seller Jim Chanos shutting down his investment fund, Kynikos Associates, stating on an X post, "I did warn the shorts that this would happen." Chanos, in a letter to investors, acknowledged the challenges facing the long/short equity business model and his unsuccessful bet against Tesla, expressing his intent to explore his interests through a different approach. While this represents a win for Tesla's bullish investors, some analysts note Tesla remains one of the most heavily shorted large-cap stocks.
