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Jim Chanos on shorting Tesla and Caterpillar

Short-seller Jim Chanos discussed his market views and short bets in an interview with CNBC's Scott Wapner on Wednesday.

On Tesla, the founder and managing partner of Kynikos Associates said: "The key is not deliveries, it's production, because that's the real problem here."

On Caterpillar: "The fundamentals by our view have not yet changed ...[regarding real estate and debt bubble in China] ... the collapse has not happened, the unwind has not happened. That's ahead of us, not behind us."

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