Burry Warns of Tesla's Dilution Risk

Michael Burry, known for predicting the 2008 financial crisis, expresses concerns about companies using stock-based compensation, using Tesla as an example. He argues that these practices dilute existing shares, making current shareholders investments less valuable. Burrys latest commentary doesnt reveal new bets against Tesla but supports his broader argument that the market is overvaluing companies, echoing past market bubbles.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.