You don't need Michael Burry to see through Elon Musk's LIES.
Today I see everyone reposting the news about Michael Burry and his statements about Tesla.
Let’s use data and factual undeniable statements once again to educate the feed.
Feel free to verify each statement yourself :)
Long story short, Burry said has an history of going all-in in whatever sounds cool, rarely following up on promises and that competition wins.
Elon was all in on electric vehicles until other competitors started eating his lunch in 2020/2021.
He then moved to full-self driving as its "main goal", but Google’s Waymo came and demolished Tesla once again having 2500 FULLY AUTONOMOUS robotaxis across 10 US cities at SAE level 4.
Tesla? 20 cars that still need supervision (level 2+) but hear me out, he's gonna DOUBLE it to 40 by late December.
Ready for the misleading headlines "Tesla DOUBLES robotaxi network" ??? So after failing with this, he moved to the Optimus humanoid robots. Last year he promised by the end of this year he'd produce 5000 robots.
Of course the promise was abandoned in October 2025 because… well that’s just what he dies. He got his Trillion dollar package, he's good.
In the meantime FigureAI and Chinese players are already displaying better models and higher levels of functionality... so, as Burry said, the competition showed up and once again they will eat Elon's total addressable market. Now, I personally don't trust a management who doesn't offer reliable projections. When studying businesses I focus on what they said during earnings calls, their promises and expectations and then see if the next quarters they followed up. Just take note, for each company, of the promises or guarantees the managers guided for the coming quarters, set it on your calendar to check back on it and you’ll easily have a list of companies with managements you can trust If you don’t have time to listen/read all of the guidance, copy paste it into Google Gemini and ask for a list of items to check back onto :) ASML is an example of one such companies where the management is cautious, never overpromises and often overdelivers. That's a company you can trust. That's a company who's CEO words are worth something while Elon's at this point is just toilet paper. Guy is not a genius, he just invested billions in his personal branding to make people think he is. This helped him attract talent and young engineers who wanted to actually change the world. Then he takes all the credit, as you would expect from an egomaniac that is actually training his own AI to lick his boots and make him look better than he actually is. You don't need Michael Burry to tell you this guy is a fraud, you just need to actually listen what he says and how he's just chasing sensationalism and news media titles parroting what he says. He just got his 1 Trillion dollar package approved, the final stab to his shareholders while he uses the company to extract value to finance his political and ego-driven adventures against OpenAI, , and whomever proved to be better than him at executing. To be complete, here's the list of unmet promises: - $25000 family car: promised in 2006. January 2025 he confirmed production would start, later scrapped the plan in April 2025. - Cheaper models announced late 2024: delayed to prioritize Cybertruck (which was a complete failure) - Tesla Semi promised in 2017 for 2020 production. Delayed every year since then, new promise is 2026 while competitors already delivered. - New roadster announced 2017 for 2020 production, Delayed every year since then. - Unsupervised full self driving in Austin: promised by June 2025, still not achieved while Waymo started producing revenue and is increasing the fleet size. - Large-scale autonomy for MILLIONS of vehicles: bro has only 20 SUPERVISED cars so far. - Self-delivering teslas: promised by 2019, never realized.
IF YOU ARE A TESLA SHAREHOLDER
I'm not saying you should sell. Just stay informed, read about what the competition is doing and contrarian analysis about your stock. You might want to lower the exposure to the stock to a more manageable risk, knowing there's a history of missing deadlines, promises and flip-flop to new ideas as soon as old ones fail.
The current price assumes all those above promises will someday come true, but this someday keeps being delayed while the price stays there due to the religious cult around Elon. Ignore people with aggressive ideas, they are just desperate
Read the comments, you’ll see how aggressively people react when faced with facts. Stay safe, stay invested
Credits to Ettore Mihaili from Netherlands