• TeaWithDani@lemmy.world
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      7 days ago

      More like 20. Besides, most of these articles are just reporters misunderstanding Burry’s trades. Guy is a trader, in and out. By time you know his positions, he’s sold and moved on.

      • toohotforsoup@lemmy.world
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        6 days ago

        Does anyone expect a large business to not fail when theyve been as poorly run as Tesla?

        Also can we talk about how Musk seemingly is propping up all his companies with the values of his other investments? And that most of that money is government contracts?

      • Atropos@lemmy.world
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        7 days ago

        More along the lines of - it’s been a bubble for years, and we’ve been hoping it’s about to pop. But, sadly, the longer it goes, the worse the pop will be.

      • SaveTheTuaHawk@lemmy.ca
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        6 days ago

        Burry is going by hard numbers and making a rational call. The markets are not rational, which is why it is hard to predict the timing of a crash. There are no good reasons why TSLA should be over $30.

        He’s a good person to heed for safe, longer term investment.