Michael Burry Calls Tesla 'Ridiculously Overvalued,' Refuses to Short Stock

• Michael Burry, known from 'The Big Short,' labels Tesla's stock "ridiculously overvalued."
• Despite his assessment, Burry confirmed on X that he is not currently shorting Tesla shares.
• Burry has previously warned about Tesla's slipping sales and the high cost/danger of shorting the stock.
• Tesla recently disclosed analyst delivery estimates for 2025 (1.6-1.64M), lower than 2024 (1.79M), signaling a potential second annual decline.
• Tesla's stock remains near record highs, driven by future narratives like robotaxis, despite competitive pressures and Elon Musk's controversies.

Why It Matters: Michael Burry sees Tesla as overvalued but avoids shorting due to risk, despite company's mixed outlook.