TSLA and NVDA are Overrated

Famous money manager Jim Chanos says Nvidia is the “it girl” of the AI bull market, but states that their firm is short on the stock, deeming it overvalued. Also, Tesla’s constantly changing narrative, including its focus on batteries, robo-taxis, and AI. He expresses bemusement at Tesla’s admission that they had been pursuing the wrong avenue in their self-driving efforts for the past seven years. Despite this, Chanos highlights that Tesla has received leniency from regulators and has been able to sell a product, full self-driving, that does not yet exist.