Short-Seller Chanos Scoffs At Musk's Attempt To Lure Talent Into xAI While Labeling Tesla As AI-Robotics Company
Portfolio Pulse from Shanthi Rexaline
Jim Chanos criticizes Elon Musk's recruitment efforts for his AI venture, xAI, while highlighting the irony of Musk's claims about Tesla being an AI/robotics company. This comes ahead of Tesla's annual shareholder meeting, where Musk's controversial compensation plan is up for reconsideration.
May 28, 2024 | 9:34 am
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Jim Chanos criticizes Elon Musk's recruitment for xAI, highlighting the irony of Musk's claims about Tesla being an AI/robotics company. This comes ahead of Tesla's annual shareholder meeting, where Musk's compensation plan is up for reconsideration.
Chanos' criticism and the timing of the news ahead of Tesla's shareholder meeting could create negative sentiment among investors, potentially impacting Tesla's stock price negatively in the short term.
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