‘The Huge Cash Present’ panel discusses Elon Musk’s daring prediction that synthetic intelligence will make work non-compulsory and cash irrelevant within the close to future.
Elon Musk’s Tesla took successful from “Huge Brief” investor Michael Burry, who claimed the electrical automobile maker is “ridiculously overvalued” simply days after voicing concern concerning the market’s AI increase.
“Tesla’s market capitalization is ridiculously overvalued at present and has been for very long time,” Burry wrote in his Substack publication “Cassandra Unchained” on Sunday, Reuters reported.
Burry additional calculated that Tesla reduces present shareholders’ stakes by roughly 3.6% yearly by way of continued share issuance and the absence of buybacks. He added that Musk’s huge compensation plan will add to that dilution.
Final month, Tesla shareholders voted to approve Musk’s $1 trillion pay bundle — the biggest government compensation plan on document. Underneath the plan, Musk would obtain as much as about 12% of Tesla’s inventory, topic to restrictions, and value about $1 trillion if the corporate reaches a market capitalization of $8.5 trillion and meets different efficiency milestones over 10 years. As of late November 2025, Tesla’s market worth stood round $1.43 trillion — making it the world’s most useful automaker and greater than 5 occasions bigger than Toyota’s roughly $260 billion valuation — whereas CEO Elon Musk holds about 13% of the corporate’s excellent shares.
MUSK PREDICTS ‘MONEY WILL STOP BEING RELEVANT IN THE FUTURE’ AS A.I., ROBOTICS PROGRESS
The revised compensation plan adopted a Delaware decide’s determination in January 2024 voiding Musk’s earlier $56 billion pay bundle, which stays the topic of ongoing litigation.
“Huge Brief” investor Michael Burry took intention at Elon Musk’s Tesla within the newest set up of his Substack publication. (Getty Photos)
As of Monday afternoon, Tesla shares had been buying and selling round $427–$430, a slight dip from the prior session. Over the previous 12 months, Tesla’s share worth has climbed sharply, reflecting investor optimism about its progress plans, although it stays beneath its 52-week-high.
Tesla didn’t return Fox Information Digital’s request for remark.
Burry rose to prominence after appropriately predicting the collapse of the U.S. housing market in 2007–08, a wager he executed by way of early, controversial quick positions towards subprime mortgage securities.
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His foresight was later immortalized in Michael Lewis’ “The Huge Brief” and its Oscar-winning movie adaptation, cementing his status as one among Wall Avenue’s most well-known contrarian buyers.
Reuters additionally reported that Burry lately elevated his criticism of tech sector giants like Nvidia and Palantir, “questioning the cloud infrastructure increase and accusing main suppliers of utilizing aggressive accounting to inflate income from their huge {hardware} investments.”
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Laffer Tengler Investments CEO Nancy Tengler weighs in on Tesla buyers approving Elon Musk’s $1 trillion pay bundle and extra on ‘The Claman Countdown.’
Conversely, Musk mentioned in a brand new interview Sunday that he believes robotics and synthetic intelligence (AI) will likely be important to fixing the nation’s greater than $38 trillion nationwide debt.
“I feel that is just about the one factor that is going to unravel for the U.S. debt disaster, as a result of at present the U.S. debt is insanely excessive,” Musk mentioned. “The curiosity funds on the debt exceed your entire navy finances of the US – simply the curiosity funds, and that is at the least within the short-term going to proceed to extend.”
FOX Enterprise’ Eric Revell contributed to this report.
