“Big short” investor Michael Burry appeared to taunt billionaire Elon Musk on Thursday after the Tesla CEO framed the birth of his twins with Neuralink executive Shivon Zillis as a response to the declining US birth rate.
Bury, who occasionally feuded with Musk after taking a short position on Tesla shares, targeted his rival shortly after news emerged that the billionaire was secretly having twins with Zillis in late 2021. Delivered.
Zillis, 36, is a subordinate to Musk at Neuralink and previously held a role at Tesla.
“Children born in America are at the 1950s level, but that doesn’t mean the boss should sleep with subordinates to try to improve the situation,” Buri tweeted,
“The big problem is that nuclear families are at the 1959 level, and the awakened theory wants to reduce it. There are not many children in broken families.”
Musk has yet to respond to acquittal’s veiled remarks. Buri often deletes his tweets soon after they are posted.
Earlier on Thursday, Musk confirmed an inside report after court documents revealed the twins were born last November and that he and Zillis told a judge in Austin, Texas, “to keep their father’s last name and not to give their father’s last name.” Petitioned to have his mother’s last name as part of her middle name.
Tesla CEO tweeted on Thursday, “Trying my best to help with the low population crisis.” “A collapsing birth rate is the greatest threat civilization has ever faced.”
Musk has often warned that population collapse poses a potential threat to the very existence of humanity. In May, he insisted that there would eventually be “no people” if Italy’s current national birth rate was maintained.
Bury and Muskie have had a cold relationship in recent years.
Bury, the head of Scion Capital Management, took a short position at Tesla in late 2020 and then expanded bets against the firm last year – once calling the company’s valuation “ridiculous.”
Bury had exited his short position by October 2021, though he continued to employ Musk to sell his Tesla shares as the stock fell last year. Musk responded by calling the acquit a “broken clock.”
However, the hedge fund investor nevertheless spoke out in favor of Musk’s bid to acquire Twitter, arguing that his partnership with the social media firm “would be good for America.”
Bury, who bet against the subprime mortgage market during the Great Recession, has emerged as a prominent voice in recent months warning investors about the economy’s cold streak.
Earlier this week, Bury predicted that the “floor” of “long-term inflation” would be higher in the coming months due to supply chain turmoil and geopolitical tensions.