Burry Bets Against Tesla, Calls It 'Ridiculously Overvalued'
Update: 2025-12-01
Description
Michael Burry, known for predicting the 2008 financial crisis, has once again made headlines by labeling Tesla as ridiculously overvalued. Burry, who previously bet against Tesla, now believes the companys market capitalization has been inflated for a long time. He also criticized Elon Musks one trillion dollar pay package, suggesting it could further dilute Teslas shares. Burrys views align with other financial experts who have called Tesla overvalued, as its share price is significantly higher than other car manufacturers. Despite Teslas continued dominance in the U.S. electric vehicle market, its market share has decreased due to increasing competition. Musk remains optimistic about Teslas future, particularly in the robotaxi and Optimus robot sectors, but Burry and others question the companys valuation.
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