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The Big Wrong on Tesla Brings Money Manager Chanos Up Short

Believing Tesla stock just short of junk and that it would fall, renowned money manager Jim Chanos' bet it would fall hard saw him take a tumble when it jumped, making gloating owner Elon Musk the world's richest man.
He changed his advice to ‘put’ and congratulated Musk and the electric car company for continuing to have a hold on its admirers after he said Tesla was “a walking insolvency,” which has turned out to be way worse than wrong, at least for now.
Since he started betting against Musk and his cars, Tesla stock went up more than 2,000 percent, making it nearly impossible for Chanos and his fellow short-sellers to stay in their positions and taking a financial beating too, The New York Post reported.
Musk was happy to take shots back in November, 2019 when he tweeted, “So many reporters gave Chanos airtime when he called Tesla a worthless fraud. Now that he has been proven wrong, silence…”
That was before Chanos admitted his investment was “painful” and tipping his hat to Musk, saying “Job well done so far.’” Not so shocking after all.


ATHENS – A ‘Virtual Assistance’ service for the general public has been launched in 85 countries by the Foreign Ministry of Greece, including in all 126 Greek consular locations, according to an announcement.

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A pregnant woman was driving in the HOV lane near Dallas.

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FALMOUTH, MA – The police in Falmouth have identified the victim in an accident involving a car plunging into the ocean on February 20, NBC10 Boston reported.

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NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.


Mission…To Tunisia Part 2 – A TNH Documentary by Clelia Charissis (Video)

The coveted exotic beauty of Tunisia is revealed by the 2nd episode of our Mission…To Tunisia – A TNH Documentary.

AL WAKRAH — Croatia goalkeeper Dominik Livakovic saved three penalty kicks in his team's 3-1 win over Japan in a shootout at the World Cup on Monday, securing a return to the quarterfinals for the runner-up in the 2018 tournament.

NICE — French writer Dominique Lapierre, who was celebrated for his novels about the World War II struggle to liberate Paris and depicting a life of hardship in a Kolkata slum, has died.

MOMBASA — Scientists around the world are warning governments who will be gathering in Montreal this week for the United Nations biodiversity summit to not repeat past mistakes and are urging officials to “avoid trade-offs” between people and conservation needs in a report Monday.

TRIPOLIS - Over 200 projects are included in the Comprehensive Development Plan for the Region of the Peloponnese for 2030, totalling 5.

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