Michael Burry Is (Once Again) Going To Try And Short Tesla

Michael Burry Is (Once Again) Going To Try And Short Tesla

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Michael Burry criticizes Tesla: That company is out of touch with reality

One of the world's most famous short sellers, Michael Burry, has once again caused a stir in the market with his comments about Tesla. Known for predicting the collapse of the US housing market in 2008, Burry claims that the value of Elon Musk's company is "completely unrealistic". Business Insider first reported his latest comments, in which Tesla serves as an example of the "tragic algebra of stock compensation". According to the investor, the…

Did Michael Burry just short Tesla stock?

Michael Burry of The Big Short fame, known for his prescient handling of the 2008 subprime mortgage crisis, has moved to clear the air after renewed headlines suggested he had revived a short position against Tesla (NASDAQ: TSLA). Burry was responding to a Fortune article that implied he was once again betting against the electric-vehicle maker. However, in an X post on December 2, Burry pushed back, saying he never stated he was shorting Tesla …