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International Business Times UK
International Business Times UK
Vinay Patel

Elon Musk Accused Of Tesla 'Power Grab' In AI Push

Short seller Jim Chanos has criticised Elon Musk's attempt to raise his Tesla ownership. (Credit: Wikimedia Commons)

Legendary shortseller Jim Chanos has criticised Elon Musk's attempt to gain more control of Tesla and called out the billionaire for threatening the automotive company's progress unless his voting rights are doubled.

Last year, Chanos, who is one of Wall Street's best-known bears, made headlines when he told his backers that has decided to close his main short-focused hedge funds after more than three decades. Chanos is also known for exposing the Enron scandal in 2001 and for betting against Wirecard. Moreover, he has a reputation for spotting fraud.

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