“The Big Short” investor Michael Burry took aim at electric automaker Tesla ( TSLA-Q ) in a blog post, saying the Elon Musk-led company is “ridiculously overvalued”, days after he voiced concerns about the current AI boom.

Nvidia spat with Big Short investor Burry highlights AI bubble fears

Burry estimated that Tesla dilutes its shareholders at about 3.6 per cent per year with no buybacks, and Musk’s record-breaking pay package will continue the dilution.

“Tesla’s market capitalization is ridiculously overvalued today and has been for a good long time,” Burry wrote in his Substack newsletter ‘Cassandra Unchained’ on Sunday.

The pay package could get the Tesla CEO as much as US$1-trillion in stock over the next decade, provided Musk, already the world’s richest man, ensures the compan

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