Jim Chanos Once Said Elon Musk Would Step down from Tesla by 2020, Seems Unlikely Now
Jim Chanos of Kynikos Associates said something spectacular in 2017, which got us all by surprise; he said that Elon Musk, the CEO of Tesla, would step down from his position by 2020 and he also said that Tesla would go bankrupt.
This information was shared by Reuters Global Markets Forum on Twitter, it's most probably the only source of this information.
However, I have some bad news for Jim Chanos; we have one day left to 2020 and Elon Musk is still the CEO of Tesla, and if he doesn't quit by midnight, which isn't really likely to happen, Jim Chanos will be so wrong.
Also, Tesla doesn't seem to be going bankrupt, even, the company is becoming more and more popular every day. Cybertruck was unveiled in November, and since then it became one of the most popular topics all around the world.
When you open a news website, there's at least one article about Tesla, Cybertruck or Elon Musk every day.
If these are not enough for you, Elon Musk is the 12th richest person in technology at the moment. And his vehicles are pretty famous and selling out really fast. There are a lot of pre-orders for the Cybertruck.
So, it's pretty unlikely for one of the most successful people in the world to go bankrupt and step down from his position. Who's laughing now?