“Burry is a broken clock,” Musk responded on Twitter, referencing the investor’s penchant for relentlessly issuing dire predictions. In another tweet, Musk jokingly called Burry a “bastard” for shorting Tesla.
Tesla’s stock price soared nearly 700% in 2020 and surged another 73% by November 2021, lifting the company’s market capitalization to $1.2 trillion. However, the automaker’s stock has shed by 26% since then.
Burry has helped inspire the GameStop short squeeze and the broader meme-stock movement as he purchased a stake in the video-game retailer and pushed its bosses to make changes in 2019.
