Michael Burry is talking smack about Tesla, but he's not shorting it

Core Viewpoint - Michael Burry, known for his short position against the housing market in 2008, is currently not shorting Tesla stock despite expressing concerns about its valuation and sales performance [1][9]. Group 1: Investor Sentiment - Burry criticized Tesla for its falling sales and described the stock as "ridiculously overvalued" [4]. - He cautioned that shorting Tesla is risky due to high costs associated with puts and suggested that selling might be a more prudent option for most investors [5][6]. - Other investors, like Danny Moses, have also expressed skepticism about shorting Tesla, citing the difficulty of betting against stocks that are not trading on fundamentals [7][8]. Group 2: Market Position and Valuation - Tesla recently released sales forecasts that were weaker than expected, prompting concerns about its market performance [2]. - Moses indicated that he would need to see earnings growth decelerate rather than turn negative before considering shorting mega-cap tech stocks, including Tesla [8]. - Porter Collins, a partner of Moses, views Tesla as highly overpriced, characterizing it as a meme stock driven by retail speculation and admiration for CEO Elon Musk [8].