Michael Burry, best known for predicting the 2007 mortgage crisis, said that Tesla is “ridiculously overvalued.”
Burry added that CEO Elon Musk’s $1 trillion pay package will further dilute the electric vehicle (EV) maker’s stock.
Slatestone Wealth chief market strategist Kenny Polcari, Yahoo Finance Senior Reporter Allie Canal, and CoinShares head of research James Butterfill join Opening Bid to examine concerns about Tesla’s valuation.
In the second part of the video, Senior autos reporter Pras Subramanian also weighs in Burry’s latest comments regarding Tesla’s market cap valuation and Musk’s pay package.
For more videos and articles on Michael Burry and Tesla, please visit: https://finance.yahoo.com/
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