Tesla Faces Mounting Pressure as Sales Slump and Vision Falters
02.12.2025 - 03:46:04 | boerse-global.de
The celebrated investor Michael Burry, who famously bet against the U.S. housing market before the 2008 financial crisis, has once again taken a bearish position against Tesla. With the company’s shares trading at elevated levels, Burry has labeled the electric vehicle maker as “ridiculously overvalued.” This criticism arrives alongside a series of concerning developments for the automaker, including a severe downturn in European sales and a significant admission from CEO Elon Musk regarding the company’s autonomous driving ambitions. These converging factors raise serious questions about whether Tesla’s market valuation is due for a major correction.
Recently released vehicle registration data for November paints a stark picture of Read more...
