Tesla is ridiculously overvalued big short investor michael burry warns musks 1 trillion payout will erode value.jpg

‘Tesla is ridiculously overvalued’: Big Short investor Michael Burry warns Musk’s $1 trillion payout will erode value | Business

Big Short investor Michael Burry has cast doubt on Tesla’s lofty valuation and warned that CEO Elon Musk’s newly approved $1 trillion compensation package could place even more strain on shareholder returns. In a weekend post on his Substack newsletter, Burry wrote that the electric-vehicle maker’s market value is “ridiculously overvalued” and has been “for…

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