It was actually short-seller Jim Chanos who said "Elon who?"
Last retold in our July 2017 post "How Do We Know James Chanos Got Under Elon Musk's Skin? (TSLA SCTY)":
...Here's the set-up for this example. Back in the fall of 2015 Chanos was pretty vocal about SolarCity being the quintessential short-it-to-zero-stock. The company was burning enormous amounts of cash, had no path to profitability, and couldn't get anyone but SpaceX to buy their debt.Recently:
On October 21 SCTY shared their financials and we posted "Pray For Elon Musk: SolarCity Drops 21% (SCTY)".
The public relations people earned their keep with "SolarCity pivots to slower growth mode" and I recounted how earlier, in August, Lyndon Rive, SolarCity's CEO was told Chanos was shorting his stock and "SolarCity's CEO When Told Jim Chanos Is Shorting His Stock: "First I've ever heard of the guy" (SCTY)".
Oh dear.Well, Mr. Chanos apparently took note of Rive's comment and the next day, while being interviewed on CNBC started out with "One of our big short positions in the renewable space is SolarCity".
Oh dear, oh dear, oh dear.
SolarCity's CEO is an ahistorical idot.
I mean we're all idots from time to time but most of us at least try to conceal our idot-hood from the freakin' media!
The interviewer says "Elon Musk's company" and Chanos replied "Who?"
Here's the video if you care to see it, it's pretty funny: "SolarCity: Jim Chanos On Elon Who? (SCTY)"....
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