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News  ›  Benzinga

Michael Burry Is Not Short Tesla Stock — Despite 'Ridiculous' Valuation

Benzinga Logo Benzinga By Erica Kollmann
Michael Burry Is Not Short Tesla Stock — Despite 'Ridiculous' Valuation

Michael Burry, known as a Tesla skeptic, confirmed he currently holds no short position in Tesla despite repeatedly calling the company 'ridiculously overvalued.' Burry's concerns center on shareholder dilution from equity compensation, Elon Musk's $1 trillion pay package, and the stock's cult-like following that decouples it from fundamentals. Instead, Burry has deployed his capital shorting AI stocks, particularly NVIDIA and Palantir, citing concerns about understated asset depreciation costs.

Insights
AMD   neutral

Mentioned as seeing investor enthusiasm, but with less detailed discussion compared to Broadcom


TSLA   negative

Burry labels Tesla as 'ridiculously overvalued' and criticizes shareholder dilution from equity compensation (~3.6% annually), Elon Musk's massive $1 trillion pay package, and the stock's disconnect from traditional fundamentals. However, he is not currently shorting it due to unpredictable cult-like momentum.