- Michael Burry criticized Tesla as severely overvalued and highlighted concerns about dilution due to CEO Elon Musk’s pay package.
- Tesla stock experienced a decline after Burry’s comments despite recent gains.
- The company’s shifting focus on different technology projects has drawn skepticism from investors.
- Projections for Tesla’s stock price include a $400 target by 2030 and $4,653 by 2040 according to Stockscan TSLA stats.
- Despite criticisms, some analysts maintain a bullish outlook on Tesla, citing its work in autonomous driving technology.
Michael Burry, a well-known short-seller, criticized Tesla (TSLA) stock as being significantly overvalued in a Substack post on Sunday. He called the company’s market capitalization “ridiculously overvalued” and expressed concern that CEO Elon Musk‘s $1 trillion pay package would further dilute Tesla stock.
Following Burry’s remarks, TSLA shares declined on Monday morning despite a 6% rise over the previous days. Burry did not reveal any Tesla holdings but criticized the company’s inconsistent focus on its projects. He pointed out that Tesla shifted attention from electric vehicles to autonomous driving and now to robotics, each pivot occurring as competition emerged in the sector.
Other investors have shared concerns about Tesla’s broad project scope. Musk recently mentioned plans for a flying car, adding to the company’s ambitious and diverse portfolio. Musk’s involvement in external ventures such as Artificial Intelligence and politics has contributed to volatility in TSLA stock throughout 2025, which despite a 12.71% increase year-to-date, has been marked by significant ups and downs.
According to Stockscan TSLA stats, analysts project Tesla’s stock price could reach $400 by 2030 and rise dramatically to approximately $4,653 by 2040. However, given the stock’s history of volatility, these forecasts remain uncertain. Recently, Melius Research called Tesla a “must own” due to its autonomous driving progress, offering a bullish forecast for 2026. Additionally, Stifel analysts raised Tesla’s price target and maintained a Buy rating earlier this month.
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