Silicon Valley venture capitalist Chamath Palihapitiya, a long-time Tesla bull, just attacked short seller Jim Chanos.
"Jim Chanos makes money once a decade. While the market rips up, the guy just bleeds money. He's never on CNBC. Every time something works, he's there for five minutes," Chamath Palihapitiya said.Chanos has accused of Musk of over-promising on Tesla and previously said the company is worth zero.David A. Grogan | CNBC"Jim Chanos makes money once a decade. While the market rips up, the guy just bleeds money. He's never on CNBC.
The billionaire investor has been a big proponent of the electric car maker and CEO Elon Musk. Chanos, founder of Kynikos Associates, has accused of Musk of over-promising on Tesla and previously said the company isPalihapitiya has made some success being one of the early investors of a slew of tech companies including Slack and.
"Very similar to what Buffett went through in his late 30s early 40s when he shut down Buffett partnership to start Berkshire, I similarly decided I have enough capital. I think I'd rather make fewer, concentrated bets," Palihapitiya said.
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