‘The Large Cash Present’ panel discusses Elon Musk’s daring prediction that synthetic intelligence will make work non-obligatory and cash irrelevant within the close to future.
Elon Musk’s Tesla took a success from “Large Brief” investor Michael Burry, who claimed the electrical automobile maker is “ridiculously overvalued” simply days after voicing concern concerning the market’s AI growth.
“Tesla’s market capitalization is ridiculously overvalued at this time and has been for a very good very long time,” Burry wrote in his Substack e-newsletter “Cassandra Unchained” on Sunday, Reuters reported.
Burry additional calculated that Tesla reduces current shareholders’ stakes by roughly 3.6% yearly via continued share issuance and the absence of buybacks. He added that Musk’s large compensation plan will add to that dilution.
Final month, Tesla shareholders voted to approve Musk’s $1 trillion pay bundle — the most important govt compensation plan on file. Beneath 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 instances 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 choice in January 2024 voiding Musk’s earlier $56 billion pay bundle, which stays the topic of ongoing litigation.
“Large Brief” investor Michael Burry took purpose at Elon Musk’s Tesla within the newest set up of his Substack e-newsletter. (Getty Pictures)
As of Monday afternoon, Tesla shares have been buying and selling round $427–$430, a slight dip from the prior session. Over the previous yr, Tesla’s share worth has climbed sharply, reflecting investor optimism about its development 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 guess he executed via early, controversial quick positions towards subprime mortgage securities.
A ‘Making Cash’ panel of Emily Austin and John Pompliano talk about Elon Musk’s trillion greenback pay bundle, Zohran Mamdani main the NYC mayoral race, the Trump administration’s plans for the citizenship check and extra.
His foresight was later immortalized in Michael Lewis’ “The Large Brief” and its Oscar-winning movie adaptation, cementing his fame as one among Wall Road’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 growth and accusing main suppliers of utilizing aggressive accounting to inflate income from their large {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 believe that is just about the one factor that is going to resolve 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 all the navy finances of america – simply the curiosity funds, and that is at the very least within the short-term going to proceed to extend.”
FOX Enterprise’ Eric Revell contributed to this report.
