Tesla stock has plunged nearly 70% from its peak. 'Big Short' investor Michael Burry called the crash.

Dec 21 2022 by Business Insider

 
Michael Burry and Elon Musk.

Jim Spellman; Pool / Getty Images

Tesla stock has plunged about 67% from its peak in November 2021. Michael Burry of "The Big Short" fame warned it could plunge 80% or 90% at the time. The investor repeatedly warned Tesla shares were in a bubble and destined to crash.

Michael Burry, the prescient investor of "The Big Short" fame, must be feeling vindicated about his downbeat Tesla call.

The stock price of Elon Musk's automaker has nosedived 67% from its peak in...

Continue Reading Tesla stock has plunged nearly 70% from its peak. 'Big Short' investor Michael Burry called the crash.