Investor Michael Burry of "The Big Short" fame has called Tesla Inc. (NASDAQ:TSLA) and SpaceX CEO Elon Musk a futurist amid talks of mergers between Musk's various companies.
An American Treasure
"Elon is an American treasure," Burry wrote in a post on the social media platform X on Thursday. He then added that despite this, the billionaire was also a "desperately incentivized futurist even earlier than me," taking a jibe at the reported merger plans between SpaceX, Tesla and xAI.
SpaceX, Tesla Merger
The comments follow as SpaceX could be eyeing a merger with Tesla, something which was possibly hinted at by Musk in a post last year when he talked about a possible "convergence" between Musk's companies in the future.
According to Benzinga Edge Rankings, Tesla scores well on the Momentum metric and offers a favorable price trend in the Medium and Long term.
Price Action: TSLA slipped 3.45% to $416.56 at Market close on Thursday, but jumped 2.87% to $428.50 during the overnight session.
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