‘Big Short’ fame Michael Burry targets Tesla after slamming AI valuations
“The Big Short” fame investor Michael Burry took aim at electric automaker Tesla in a blog post, saying the Elon Musk-led company is “ridiculously overvalued”, days after he voiced concerns about the current AI boom. Burry estimated that Tesla dilutes its shareholders at about 3.6% per year with no buybacks, and Musk’s record-breaking pay package…