<p>作者：Jamie Chisholm</p>
<p>巴里正在做空英偉達和 Palantir 的股票</p>
<p>邁克爾·巴里並不迴避對他認為被高估的股市寵兒做空。</p>
<p>但似乎有一家公司擁有狂熱的追隨者，即使是他現在也不願意做空：埃隆·馬斯克的特斯拉（TSLA）。</p>
<p>巴里因預測 2008 年導致金融危機的房地產市場崩潰而成名，並在邁克爾·劉易斯的書《大空頭》中被提及。他在同名電影中由克里斯蒂安·貝爾飾演。</p>
<p>這位最近關閉對沖基金 Scion Asset Management 的資金經理，已經對 Palantir（PLTR）和英偉達（NVDA）的股票做空，這兩家公司在近年來成為投資者最受歡迎的科技公司，巴里聲稱這些股票被高估。</p>
<p>巴里對人工智能巨頭也持懷疑態度，聲稱他們沒有準確評估其資產的貶值。</p>
<p>現在，針對特斯拉本週發佈的對第四季度汽車銷售的悲觀預測，巴里在 X 上發佈了&#34;特斯拉的估值荒謬&#34;。</p>
<p>上週，特斯拉的股票在盤中創下接近 500 美元的歷史新高，投資者對電動車銷售下滑不以為然，期待公司的機器人出租車和類人機器人產品。</p>
<p>根據 FactSet，目前特斯拉的股票市盈率約為 210 倍。</p>
<p>然而，即使是這個市盈率也沒有讓巴里願意做空特斯拉的股票。在 X 上，有用户問他是否會做空特斯拉，巴里簡潔地回答：&#34;我沒有做空&#34;。</p>
<p>值得注意的是，巴里並不僅僅對股票做空。本週他再次提出購買 Molina Healthcare（MOH）股票的理由。</p>
<p>-Jamie Chisholm</p>
<p>此內容由 MarketWatch 創作，MarketWatch 由道瓊斯公司運營。MarketWatch 與道瓊斯新聞社和《華爾街日報》獨立出版。</p>
<p>（完）道瓊斯新聞社</p>
<p>12-31-25 0406ET</p>

<p>邁克爾·伯裏因預測 2008 年金融危機而聞名，他正在做空英偉達和 Palantir 的股票，原因是它們被高估。儘管在悲觀的銷售預測後，他將特斯拉標記為 “荒謬地高估”，但他選擇不做空特斯拉的股票。伯裏目前的投資策略包括購買 Molina Healthcare 的股票</p>

<p>By Jamie Chisholm</p>
<div class="lb-trans"><p>作者：Jamie Chisholm</p>
</div><p>Burry is betting against Nvidia and Palantir shares</p>
<div class="lb-trans"><p>巴里正在做空英偉達和 Palantir 的股票</p>
</div><p>Michael Burry does not shy away from betting against the stock market darlings he considers overvalued.</p>
<div class="lb-trans"><p>邁克爾·巴里並不迴避對他認為被高估的股市寵兒做空。</p>
</div><p>But it seems there is one company with a cult-like following whose shares even he will not short right now: Elon Musk's Tesla (TSLA).</p>
<div class="lb-trans"><p>但似乎有一家公司擁有狂熱的追隨者，即使是他現在也不願意做空：埃隆·馬斯克的特斯拉（TSLA）。</p>
</div><p>Burry became famous for predicting the housing market crash that delivered the great financial crisis in 2008, and was featured in Michael Lewis's book The Big Short. He was played by Christian Bale in the film of the same name.</p>
<div class="lb-trans"><p>巴里因預測 2008 年導致金融危機的房地產市場崩潰而成名，並在邁克爾·劉易斯的書《大空頭》中被提及。他在同名電影中由克里斯蒂安·貝爾飾演。</p>
</div><p>The money manager, who recently shuttered his hedge fund Scion Asset Management, has gone short the stock of Palantir (PLTR) and Nvidia (NVDA), two of the most popular technology companies among investors in recent years, claiming the shares are overvalued.</p>
<div class="lb-trans"><p>這位最近關閉對沖基金 Scion Asset Management 的資金經理，已經對 Palantir（PLTR）和英偉達（NVDA）的股票做空，這兩家公司在近年來成為投資者最受歡迎的科技公司，巴里聲稱這些股票被高估。</p>
</div><p>Burry is also skeptical about the AI hyperscalers, claiming they are not accurately assessing the depreciation of their assets.</p>
<div class="lb-trans"><p>巴里對人工智能巨頭也持懷疑態度，聲稱他們沒有準確評估其資產的貶值。</p>
</div><p>Now, in response to Tesla this week delivering a pessimistic forecast for its fourth-quarter car sales, Burry posted on X that &#34;Tesla is ridiculously overvalued.&#34;</p>
<div class="lb-trans"><p>現在，針對特斯拉本週發佈的對第四季度汽車銷售的悲觀預測，巴里在 X 上發佈了&#34;特斯拉的估值荒謬&#34;。</p>
</div><p>Tesla shares hit an intraday record high a few bucks shy of $500 last week as investors shrugged off falling electric vehicle sales and looked ahead to the company's robotaxis and humanoid robot offerings.</p>
<div class="lb-trans"><p>上週，特斯拉的股票在盤中創下接近 500 美元的歷史新高，投資者對電動車銷售下滑不以為然，期待公司的機器人出租車和類人機器人產品。</p>
</div><p>That has left Tesla shares currently sporting a 12-month forward price to earnings multiple of around 210, according to FactSet.</p>
<div class="lb-trans"><p>根據 FactSet，目前特斯拉的股票市盈率約為 210 倍。</p>
</div><p>However, not even that P/E multiple has tempted Burry to bet against Tesla stock. In response to a user on X who asked if he would bet against Tesla, Burry succinctly replied: &#34;I am not short&#34;.</p>
<div class="lb-trans"><p>然而，即使是這個市盈率也沒有讓巴里願意做空特斯拉的股票。在 X 上，有用户問他是否會做空特斯拉，巴里簡潔地回答：&#34;我沒有做空&#34;。</p>
</div><p>It should be noted that Burry does not just beta against stocks. This week he has again set out his case for buying shares of Molina Healthcare (MOH).</p>
<div class="lb-trans"><p>值得注意的是，巴里並不僅僅對股票做空。本週他再次提出購買 Molina Healthcare（MOH）股票的理由。</p>
</div><p>-Jamie Chisholm</p>
<div class="lb-trans"><p>-Jamie Chisholm</p>
</div><p>This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.</p>
<div class="lb-trans"><p>此內容由 MarketWatch 創作，MarketWatch 由道瓊斯公司運營。MarketWatch 與道瓊斯新聞社和《華爾街日報》獨立出版。</p>
</div><p>(END) Dow Jones Newswires</p>
<div class="lb-trans"><p>（完）道瓊斯新聞社</p>
</div><p>12-31-25 0406ET</p>
<div class="lb-trans"><p>12-31-25 0406ET</p>
</div>

The Big Short's Michael Burry takes on the Big Tech bulls, but holds fire on this cult favorite.

- Michael Burry 對 Nvidia 和 Palantir 股價做空，稱其估值過高。  
- 儘管對 Tesla 持負面看法，Burry 仍不做空 Tesla 股票。  
- 他最近推薦購買 Molina Healthcare 股票。

Dow Jones

Palantir Tech

英偉達

特斯拉

《大空頭》的 Michael Burry 向大科技公司的看漲者發起挑戰，但對這個備受追捧的熱門股保持觀望