"The Big Short" Burry turns his sights on Tesla (TSLA.US)! Directly targeting the "absurd overvaluation," calling out Musk's exorbitant pay diluting stock options.

According to the 8 Financial APP, well-known short seller Michael Burry recently made a move on an overvalued stock: Tesla (TSLA.US). In a post last Sunday, he called the electric car manufacturer "absurdly overvalued". He criticized the "pathetic calculations based on stock compensation", using Tesla as an example. He said that Tesla dilutes its shares by 3.6% annually through issuing new shares and does not engage in stock buybacks.