Jim Chanos Calls Merged Tesla-SolarCity a ‘Walking Insolvency’ – Bloomberg

Short-seller Jim Chanos said an announced $2.6 billion merger with SolarCity Corp. will make Tesla Motors Inc. a “walking insolvency.” The synergies are questionable at best,” Chanos, who founded hedge fund firm Kynikos Associates, said at the CNBC Institutional Investor Delivering Alpha Conference on Tuesday in New York. He estimated that the combined company, which will…