This article first appeared on GuruFocus.
Michael Burry (Trades, Portfolio) moved to clarify his positioning around Tesla (NASDAQ:TSLA) on Wednesday, posting on X that he is not short the electric-vehicle maker, even as he continues to flag valuation concerns. When asked directly whether he would short the shares at current levels, Burry responded, I am not short, following comments a day earlier in which he described the stock as ridiculously overvalued.
The remarks arrive as the investor known for The Big Short has shifted his professional focus, having recently shuttered his hedge fund and launched a Substack. In recent commentary, Burry has questioned valuations across major artificial intelligence-linked names and raised concerns about the accounting practices of hyperscalers, reflecting a more cautious view toward segments of the market that have driven recent equity performance.
While Tesla is not part of his bearish positioning at this stage, Burry has disclosed downside exposure elsewhere. At the start of November, he revealed put positions on Nvidia (NASDAQ:NVDA) and Palantir (NASDAQ:PLTR), according to The Wall Street Journal, with the Nvidia trade structured to pay off if the stock falls to $110 by 2027 and the Palantir position benefiting if shares decline to $50 in 2027.
