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Michael Burry slams Tesla valuation, warns of 'ridiculous' dilution
- ghtbircshotbe 11mo agoHe also noted recently that a lot of tech companies have been extending depreciation times from say 3 years 5 years ago to 6 years today, to inflate earnings, without any convincing explanation for why.
- sidibe 11mo agoI think a lot of disk/compute has legitimately lasted longer than they initially thought it would. The initial estimates are too conservative
- ghtbircshotbe 11mo agoYou can read part of his response to this here: https://stansberryresearch.com/whitney-tilsons-daily/alphabet-has-replaced-nvidia-as-the-ai-market-darling-the-numbers-dont-add-up-for-massive-ai-spending-mike-burrys-bearish-views-on-ai-and-nvidias-response https://stansberryresearch.com/whitney-tilsons-daily/alphabe...
- enslavedrobot 11mo agoThe dilution only happens if the stock value skyrockets so this article makes no sense. If you told me you were going to make me a millionaire but in exchange I would have to give you $100k, I would not complain.