Michael Burry says he’s not shorting Tesla after calling stock

Michael Burry says he’s not shorting Tesla after calling stock

Michael Burry has denied taking a brief place on Tesla — telling social media customers on Wednesday that he isn’t betting against the electrical car large’s stock even after branding it “ridiculously overvalued.”

Burry, the Scion Asset Management boss made well-known by the hit movie “The Big Short,” responded to a consumer on X who requested if he would quick Tesla with a blunt line: “I am not short.”

The denial got here after Burry knocked Tesla’s valuation in a separate submit and in comments to subscribers of his paid Substack e-newsletter earlier this month.

Michael Burry has denied taking a brief place on Tesla — telling social media customers on Wednesday that he isn’t betting against the electrical car large’s stock. Getty Images

Tesla rattled traders this week by publishing its personal compilation of analyst supply estimates — a transfer that a number of retailers described as uncommon for the company.

By Tesla’s depend, analysts on common anticipate 422,850 deliveries in the fourth quarter, down 15% from a 12 months earlier.

For the full 12 months, Tesla posted a mean estimate of about 1.6 million deliveries in 2025 — roughly an 8% drop from 2024 — setting the company up for a second straight annual decline.

Deliveries are the closest proxy Tesla gives for car sales, however the company does not exactly outline the metric in shareholder communications.

Burry’s Wednesday comment follows his latest string of high-profile bearish calls on the AI growth, including disclosed put choices tied to Palantir and Nvidia and a public accusation that big cloud “hyperscalers” are padding earnings by stretching depreciation assumptions on AI {hardware}.

Tesla shares have swung sharply in 2025, pressured earlier in the 12 months by slowing sales and intensifying competitors, including from Chinese EV makers, in addition to blowback tied to Elon Musk’s political exercise.

Tesla shares have swung sharply in 2025, pressured earlier in the 12 months by slowing sales and intensifying competitors, including from Chinese EV makers, in addition to blowback tied to Elon Musk’s political exercise. through REUTERS

Even with the volatility, Tesla’s stock hit a report closing value of $489.88 on Dec. 16, according to stock-price data compiled by Macrotrends and reporting from UPI. As of Wednesday afternoon, it was buying and selling at round $453 per share.

Burry has tangled with Tesla before. In 2021, Scion disclosed put choices tied to Tesla shares that drew headlines as a major bearish guess, before Burry later said the place was closed.

Even with the volatility, Tesla’s stock hit a report closing value of $489.88 on Dec. 16, according to stock-price data compiled by Macrotrends and reporting from UPI. Getty Images

This time, he’s drawing a vivid line between calling the company overpriced and really inserting a commerce against it.

The latest Tesla debate is unfolding as Musk notched a authorized win in Washington. The National Labor Relations Board is abandoning a grievance against Musk’s SpaceX over severance and arbitration insurance policies, according to a joint courtroom submitting cited by Bloomberg.

The company agreed in December to withdraw its case after SpaceX challenged the NLRB’s construction as unconstitutional.

The retreat resolves one entrance of a broader authorized fight between Musk’s firms and federal regulators and comes as the labor board, now led by a Trump-appointed basic counsel, has pulled again from a number of high-profile enforcement actions.

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