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A comment on Michael Burry of ‘The Big Short’ reveals a $530M bet against Tesla. Parent comment

Re:Michael Burry of ‘The Big Short’ reveals a $530M bet agai... by atatatat on Monday May 17, 2021 @03:01PM (#27186944)
> It sounds like the short thesis is centered around Tesla’s revenue coming in large part from regulatory credits.

Hopefully not (for Burry), because where are those going?

[ Parent | on HN ]
Re:Michael Burry of ‘The Big Short’ reveals a $530M bet agai... by rubiquity on Monday May 17, 2021 @05:11PM (#27188506)
Tesla sells its regulatory credits to other auto makers. Other auto makers are becoming more environmentally friendly and are weening off buying credits from Tesla.
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