'Big Short' investor Michael Burry says he's not shorting Tesla
Core Viewpoint - Renowned investor Michael Burry has denied shorting Tesla's shares despite labeling the company as "ridiculously overvalued" [1][2]. Group 1: Investor Insights - Burry clarified his position on Tesla after previously expressing concerns about its stock valuation in a paid Substack newsletter [2]. - He has recently made headlines for a tech short bet, indicating that major U.S. companies may be using aggressive accounting practices to inflate profits related to the AI boom [2]. Group 2: Company Performance - Burry's comments on Tesla coincided with the company's unusual decision to publish sales estimates, which suggest a lower-than-expected outlook for vehicle deliveries [3].