‘Big Short’ icon Michael Burry unloads on Elon Musk, calls Tesla ‘ridiculously overvalued’
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- Dec 01, 2025
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He recently disclosed bearish positions against Nvidia and Palantir, clashing with both firms over what he calls a market frenzy disconnected from business fundamentals. Palantir CEO Alex Karp responded by calling Burry “bats–t crazy.”
Burry’s return to public commentary has coincided with a major shift in his investment approach. He deregistered his hedge fund last month and launched his Substack days later, promising more direct, unfiltered analysis.
The Post has sought comment from Tesla.
“Tesla’s market capitalization is ridiculously overvalued today and has been for a good long time,” he wrote.
ZUMAPRESS.com
Burry’s comments put him on a long list of skeptics who say Tesla’s valuation cannot be justified. Shares trade at more than 250 times the company’s earnings, far above other automakers.
Musk has made short-sellers one of his favored targets, accusing them of spreading misinformation and attempting to manipulate the stock for profit. Last year, he predicted that Microsoft co-founder Bill Gates would be “obliterated” for shorting Tesla stock.
In a 2017 interview he called short sellers “jerks who want us to die,” adding: “They’re constantly trying to make up false rumors and amplify any negative rumors. It’s a really big incentive to lie and attack my integrity. It’s really awful.”
Burry’s post immediately reignited tensions between Tesla CEO Elon Musk and the short-selling community he has railed against for years.
REUTERS
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