‘Large Brief’ investor Michael Burry denies shorting Tesla inventory

Famend investor Michael Burry on Wednesday denied shorting Tesla‘s shares after calling the electrical automobile maker “ridiculously overvalued.”

In a social media submit on X, the Scion Asset Administration founder responded to a person asking if he would guess in opposition to Tesla, saying, “I’m not brief.”

Burry, who earned his popularity by efficiently predicting the collapse of the U.S. housing market that led to the 2008 world monetary disaster, clarified his place after describing Tesla as “ridiculously overvalued” in a separate submit.

“The Large Brief” investor made the identical evaluation of Tesla’s inventory valuation to subscribers to his new paid Substack e-newsletter earlier within the month.

Burry just lately made headlines with a tech brief guess. He stated a few of America’s largest corporations had been utilizing aggressive accounting to inflate their supposed income from the unreal intelligence increase.

Burry’s newest feedback on Tesla come shortly after the corporate took the weird step of publishing gross sales estimates that seem to point a lower-than-expected outlook for its automobile deliveries.

Tesla on Monday compiled a mean estimate for 1.6 million automobile deliveries in 2025, down roughly 8% from 2024 and placing the corporate on observe for its second straight drop in annual automobile gross sales.

Tesla has endured a roller-coaster trip this yr. The corporate, whose inventory just lately notched an all-time closing excessive of $489.88, noticed shares collapse within the first quarter amid stiff competitors, significantly from Chinese language EV producers, and reputational fallout from Musk’s incendiary political rhetoric.

Shares of Tesla had been down barely in morning buying and selling Wednesday. The corporate’s inventory has gained greater than 12.5% in 2025.

— CNBC’s Yun Li contributed to this report.