"Big Short" Investor Michael Burry Thinks Tesla Stock Is Overvalued. Is He Right?
Tesla's slowing profit growth and rich valuation make Michael Burry's skepticism hard to ignore.Shares of Tesla (TSLA +4.17%) are back in the spotlight after "Big Short" investor Michael Burry used his new Cassandra Unchained newsletter to call the stock "ridiculously overvalued." Burry, who got his "Big Short" investor nickname from shorting the U.S. housing market during the supbrime mortgage crisis and the subsequent movie he was depicted in, argues that the electric-car maker's lofty market value and Te ...