Monday, August 25, 2025

Latest

Michael Burry Takes Aim at Tesla, Rivian in Latest Twitter Rant

‘The Big Short’ Michael Burry has taken to twitter to voice his frustrations with Tesla (NASDAQ: TSLA) once again, this time taking aim at rival EV maker Rivian (NASDAQ: RIVN) and its explosive IPO.

Burry logged back into his twitter on Friday morning to call out Tesla CEO Elon Musk’s recent comments on rival Rivian. In typical Musk fashion, the billionaire couldn’t help but lambast Rivian’s explosive market debut earlier this week, asserting that his company is far more superior because it’s the first “American carmaker to reach high volume production and positive cash flow in past 100 years.”

But, Burry was quick to correct Musk’s gloating, reminding the billionaire that receiving hundreds of millions of dollars in government subsidies doesn’t exactly count as a substantial achievement, either.

“No, @ElonMusk, the true test is achieving that without massive government and electricity subsidies on the backs of taxpayers who don’t own your cars,” Burry said in a since-deleted tweet, quoting Musk’s comment. Rivian, which made its blockbuster IPO earlier this week and has since accumulated a market value of $100 billion— larger than GM and Ford— has only ever made a paltry 156 vehicles and has yet to even generate revenue.

Also earlier this week, Burry published a tweet implying an ulterior motive for Musk’s recent eagerness to sell Tesla stock, accusing the billionaire of distracting investors with his twitter poll and comments about solving world hunger. Instead, the head of Scion Asset Management suggested that Musk must actually sell his Tesla stock to service personal debt.


Information for this briefing was found via Twitter and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

First Majestic Q2 Earnings: Another Record Quarter

Sandstorm Gold Fades Into Royal Gold Merger

Equinox Gold Q2 Earnings: Back On Track

Recommended

Emerita Resources Expands El Cura Drill Program By 10,000 Metres As Deposit Remains Open For Expansion

ESGold Signs MOU For Tailings Project In Colombia With Grades Up To 42 g/t Gold, 280 g/t Silver

Related News

‘The Big Short’ Michael Burry Makes $530 Million Bet Against Tesla

The past month has been a volatile one for Tesla, which has seen its shares...

Tuesday, May 18, 2021, 10:29:00 AM

Musk: Tesla-xAI Merger ‘Not Out of the Question’

Elon Musk said Tuesday he isn’t ruling out merging his artificial intelligence startup xAI with...

Wednesday, May 21, 2025, 07:57:24 AM

‘The Big Short’ Michael Burry: Tesla’s Bitcoin Purchase Was A Distraction From Quality Control Complaints

Michael Burry, the infamous hedge fund manager who successfully predicted the US housing market collapse...

Wednesday, February 10, 2021, 05:39:00 PM

Hertz Replaces CEO After Failed Tesla Bet

Hertz Global Holdings Inc. (Nasdaq: HTZ) is making a leadership change at the top after...

Monday, March 18, 2024, 07:50:51 AM

Tesla Faces Class Action Lawsuit Over Alleged Odometer Manipulation

A Tesla (Nasdaq: TSLA) owner in California has filed a class-action lawsuit claiming the electric...

Monday, April 21, 2025, 07:48:12 AM