Elon Musk’s Tesla took a hit from "Big Short" investor Michael Burry, who claimed the electric vehicle maker is "ridiculously overvalued" just days after voicing concern about the market’s AI boom."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, Reuters reported.Burry further calculated that Tesla reduces existing shareholders’ stakes by roughly 3.6% annually through continued share issuance and the absence of buybacks. He added that Musk’s massive compensation plan will a...

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