Michael Burry Denies Shorting Tesla Stock

Michael Burry, the founder of Scion Asset Management and a key figure in the film 'The Big Short,' has denied shorting Tesla stock in a recent social media post.
Burry responded to a user on X who asked if he would bet against Tesla by saying: "I am not short."
This statement comes as a surprise to some investors who had speculated that Burry might be shorting Tesla due to his past experience with shorting stocks.
However, Burry's denial does not necessarily mean that he is not bearish on Tesla. He has been critical of the company's valuation and has expressed concerns about its ability to deliver on its ambitious goals.
Despite Burry's denial, Tesla's stock price has continued to rise in recent weeks, driven by strong demand for its electric vehicles and the company's efforts to expand its production capacity.
Burry's statement has sparked a lively debate among investors and analysts, with some arguing that he is simply trying to manipulate the market and others suggesting that he may be trying to protect his reputation.
Regardless of Burry's motivations, his denial of shorting Tesla stock is a significant development in the ongoing drama surrounding the company's valuation and prospects.

Sources

[1] Big Short' investor Michael Burry says he's not shorting Tesla