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.But their price only makes sense if they end up being the only car maker left.That's not realistic. Building an electric car is not that hard, especially if Tesla already did all the hard lifting for you.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.I won't short them tough, in the end I'm just a dog on the internet and have no clue how stonks work.