Core Insights - Steve Eisman, a notable investor known for his role in "The Big Short," holds a portfolio that includes all stocks in the Magnificent 7 except Tesla, which he criticizes for its shareholders' unwavering belief in its long-term prospects [1][4] Group 1: Magnificent 7 Overview - The Magnificent 7 consists of Nvidia Corp., Microsoft Corp., Apple Inc., Alphabet Inc., Amazon.com, Inc., Meta Platforms Inc., and Tesla Inc., recognized as top-performing tech stocks over the past decade [2] Group 2: Tesla's Financial Performance - Eisman expresses skepticism about Tesla, noting that its earnings have been declining over the past few years, with peak earnings of $4.30 per share in 2023, expected to drop to $2.04 per share in 2024, indicating a decline of over 50% [5] - Despite the decline in earnings, Tesla's stock price remains slightly higher, which Eisman finds concerning [5]
This 'Big Short' Investor Owns Every Magnificent 7 Stock Except The One He Thinks Has A Cult-like Following