Michael Burry tore into Tesla’s sky-high valuation, blasting the electric-vehicle giant as “ridiculously overvalued” in a fresh broadside that marked his most pointed attack on the company in years.The investor of “The Big Short” fame took to his new Substack platform late Sunday to argue that Tesla’s market cap has been inflated for a long stretch and that Elon Musk’s newly approved $1 trillion pay package will further dilute the company’s stock.“Tesla’s market capitalization is ridiculously overvalued tod ...

BREAKING: Futures Fall; Trump Says He's Made Fed Chief Pick Take a Trial Today Get instant access to exclusive stock lists, expert market analysis and powerful tools with 2 months of IBD Digital for only $20! IBD Videos Get market updates, educational videos, webinars, and stock analysis. Eli Lilly (LLY) recently became the 11th company with a trillion-dollar valuation. Nvidia (NVDA) remains No. 1, but Apple (AAPL) and a fast-rising Google-parent Alphabet (GOOGL) are closing the gap. Microsoft (MSFT) and Am ...