Chanos confirmed he's still short Tesla (TSLA) amid rumors that the Model 3 is delayed with production/deliveries. "Never a dull moment in Tesla land," Chanos said.
"I'm dumbfounded that the board would go ahead with this deal (with SolarCity (SCTY)). They're growing into a business they don't need to grow into. They're going to pretty much double their cash burn by taking it on, it just makes no sense." Chanos's firm believes SolarCity is an insolvency ex-the deal.
He also mentioned how Caterpillar's (CAT) CEO was departing. When asked if he's still short, Chanos said, "Yeah, the fundamentals in our view have not yet changed, we haven't seen any evidence of it."
Chanos also pointed out that the China real estate bubble still hasn't happened yet (popped) so that's still ahead of us, he says.
We'll post up the video of the interview once it's released. Be sure to also check out CNBC's