The Big Short investor who predicted the 2008 housing market crash said EV maker Tesla is “ridiculously overvalued” and warned Musk’s $1 trillion pay plan will only make it worse. Michael Burry, who last month deregistered his hedge fund Scion Asset Management, took to a newly launched Substack account to reveal a bet against Elon Musk’s Tesla. “Tesla’s market capitalization is ridiculously overvalued today and has been for a good long time,” he wrote in a post. Burry said Tesla dilutes its shareholders ...

Hyperliquid whale who made $150 million with short bet opens new $160 million short https://t.co/zmcIDDk88C ...