Michael Burry of ‘The Big Short’ reveals a $530M bet against Tesla
Teslas price is just too high. I think they will be very successful and become a big, dominant car maker.<p>But their price only makes sense if they end up being the only car maker left.<p>That&#x27;s not realistic. Building an electric car is not that hard, especially if Tesla already did all the hard lifting for you.<p>For a while I was thinking that the battery play - becoming the number 1 battery supplier - will justify the price, but what I see right now looks like there is many players, old and new, moving in.<p>I won&#x27;t short them tough, in the end I&#x27;m just a dog on the internet and have no clue how stonks work.