laitimes

Big bear Michael Burry choked Musk again this time it was about Rivian

author:Finance

The "big bear" Michael Burry started tweeting again, and after commenting on the SEC, Fed policy and inflation, the CEO of Lion Asset Management said Musk's comments about the electric car company Rivian were incorrect.

Musk said achieving high production and cash flow balance is the real test facing Rivian, with hundreds of auto startups popping up now, but Tesla is the only U.S. car company in the past 100 years that can mass-produce and maintain positive cash flow.

Burr commented sarcastically, "No, Musk, the real test is to be able to achieve such a goal without massive government support and subsidies for electric vehicles." ”

Earlier this week, Burry commented on a Twitter poll launched by Musk about selling Tesla stock, saying that the real purpose of Musk selling shares may be to repay personal loans.

This article originated from the Financial Circle Network

Read on