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Jim Chanos – Financial Frauds and Manias: Past, Present, Future (EP.02)
Infinite Loops
The Power of Narratives in Bull Markets
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Tesla has taken on this narrative war. If you look at testla as a business, it looks shockingly like a car company. It's not a soffware company. It does not have forty to 80 % incremental margins. And yet, and yet, we put together a spread sheet that you've probably seeni i've put out on twitter a few times. I mart imagin that ibose margins x the tax credit sales are 15%, which is right in line with the industry.
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