Elon Musk's Robotaxi Math 'Absurd,' Says Short Seller Jim Chanos, Doubting Tesla Can Hit Sub-20-Cent Cost-Per-Mile
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Prominent short seller Jim Chanos criticized Tesla CEO Elon Musk's robotaxi cost projections, calling the sub-20-cent-per-mile assumption "absurd." Chanos's comments followed a bullish analysis from ARK Invest's Daniel Maguire, who believes Tesla can dominate the robotaxi market. The debate arises from Musk's October 2024 event where he predicted low operating costs and production starting in 2026. However, Musk has previously missed robotaxi timelines, and Tesla faces declining deliveries, with shares down 14.6% year-to-date.
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