Michael Burry Says He Isn’t Shorting Tesla Stock. What Does That Mean for You in 2026?

Tesla (TSLA) is facing a tough week, as its claim to be the global leader in electric vehicle (EV) sales no longer holds water. The company has been surpassed by Chinese EV maker BYD (BYDDY), which sold more than 2 million battery-powered vehicles in 2025. Meanwhile, Tesla sales dropped 9% from a year ago, falling to 1.64 million. Michael Burry, the former hedge fund manager who bet against the housing market as documented in the film “The Big Short,” has said shares of Tesla are “ridiculously overvalued ...