In a new post on Substack, a renowned investor who famously bet correctly on the US housing market during the 2008 financial crisis has warned that Elon Musk's proposed $1 trillion compensation package would exacerbate shareholder value dilution by approximately 3.6% annually, with no buybacks to offset it. Amid existing investor concerns over an artificial intelligence bubble, the famous investor Michael Berry has continued his criticism of the tech sector, this time shorting Tesla stock. He called it 'absurdly overvalued,' adding it to the list of speculative bubbles in high-value tech stocks alongside Nvidia and Palantir.
