Michael Burry Says Elon Musk is a 'Desperately Incentivized Futurist,' Putting 'Cart Before Monkey' With Optimus AI Hype

[https://www.ibtimes.co.uk/michael-burry-says-elon-musk-desperately-incentivized-futurist-putting-cart-before-monkey-1775107](https://www.ibtimes.co.uk/michael-burry-says-elon-musk-desperately-incentivized-futurist-putting-cart-before-monkey-1775107)

Big Short's Michael Burry, who predicted the 2008 global financial crash and netted a fortune betting against the housing market, took aim at Elon Musk and his ventures again.

Burry, who recently disclosed buying GameStop (NYSE: GME) shares months after shuttering his hedge fund due to AI bubble fears, said in an X post that while Musk is an American treasure, he is also a 'desperately incentivized futurist,' referring to the merger plans between SpaceX and Tesla .

Musk appears to be going all in on Optimus robots as he recently highlighted that Tesla will end the production of its flagship Model S sedan and Model X SUV, which played a crucial role in establishing the EV maker as a leader in the space during its early years. Some of Tesla's EV factories will be repurposed for the mass production of Optimus robots. 

However, Burry noted: 'cart before monkey robot people. No one has invented AI yet.' While the investor said he does not hold a short position against Tesla, his remarks could imply that the current AI is nowhere near general intelligence, and that Musk's claims are premature.

Earlier, Burry had said Tesla is 'ridiculously overvalued,' while focusing on the 'tragic algebra' of stock-based compensation, citing Tesla as a prime example. Burry said that Tesla dilutes its stock by approximately 3.6% annually, yet the company has not implemented share buybacks to offset this dilution.