‘The Massive Cash Present’ panel discusses Elon Musk’s daring prediction that synthetic intelligence will make work non-obligatory and cash irrelevant within the close to future.
Elon Musk’s Tesla took successful from “Big Short” investor Michael Burry, who claimed the electrical automobile maker is “ridiculously overvalued” simply days after voicing concern concerning the market’s AI growth.
Burry additional calculated that Tesla reduces current shareholders’ stakes by roughly 3.6% yearly via continued share issuance and the absence of buybacks. He added that Musk’s large compensation plan will add to that dilution.
Final month, Tesla shareholders voted to approve Musk’s $1 trillion pay package deal — the most important government compensation plan on report. Beneath the plan, Musk would obtain as much as about 12% of Tesla’s inventory, topic to restrictions, and value about $1 trillion if the corporate reaches a market capitalization of $8.5 trillion and meets different efficiency milestones over 10 years. As of late November 2025, Tesla’s market worth stood round $1.43 trillion — making it the world’s most precious automaker and greater than 5 occasions bigger than Toyota’s roughly $260 billion valuation — whereas CEO Elon Musk holds about 13% of the corporate’s excellent shares.
MUSK PREDICTS ‘MONEY WILL STOP BEING RELEVANT IN THE FUTURE’ AS A.I., ROBOTICS PROGRESS
The revised compensation plan adopted a Delaware choose’s choice in January 2024 voiding Musk’s earlier $56 billion pay package deal, which stays the topic of ongoing litigation.
As of Monday afternoon, Tesla shares had been buying and selling round $427–$430, a slight dip from the prior session. Over the previous yr, Tesla’s share worth has climbed sharply, reflecting investor optimism about its development plans, although it stays under its 52-week-high.
Burry rose to prominence after accurately predicting the collapse of the U.S. housing market in 2007–08, a guess he executed via early, controversial brief positions towards subprime mortgage securities.
A ‘Making Cash’ panel of Emily Austin and John Pompliano talk about Elon Musk’s trillion greenback pay package deal, Zohran Mamdani main the NYC mayoral race, the Trump administration’s plans for the citizenship take a look at and extra.
His foresight was later immortalized in Michael Lewis’ “The Big Short” and its Oscar-winning movie adaptation, cementing his status as one in all Wall Road’s most well-known contrarian traders.
Reuters additionally reported that Burry just lately elevated his criticism of tech sector giants like Nvidia and Palantir, “questioning the cloud infrastructure boom and accusing major providers of using aggressive accounting to inflate profits from their massive hardware investments.”
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Laffer Tengler Investments CEO Nancy Tengler weighs in on Tesla traders approving Elon Musk’s $1 trillion pay package deal and extra on ‘The Claman Countdown.’
Conversely, Musk mentioned in a brand new interview Sunday that he believes robotics and synthetic intelligence (AI) shall be important to fixing the nation’s greater than $38 trillion nationwide debt.
“I think that’s pretty much the only thing that’s going to solve for the U.S. debt crisis, because currently the U.S. debt is insanely high,” Musk mentioned. “The interest payments on the debt exceed the entire military budget of the United States – just the interest payments, and that’s at least in the short-term going to continue to increase.”
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FOX Enterprise’ Eric Revell contributed to this report.
