Jim Chanos is no longer short Tesla, but he's still betting against the stock

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Pippa Stevens@PippaStevens13
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James Chanos and Leon Cooperman at the 2019 Delivering Alpa conference in New York on Sept. 19. 2019.
Adam Jeffery | CNBC

Longtime Tesla bear Jim Chanos is no longer short the electric vehicle company, but he's still betting against the stock.

"We transformed our stock position into a put position," he told CNBC Wednesday.