New Short Position on Tesla by Michael Burry
U.S. investor Michael Burry, whose role in the film "The Big Short" brought him widespread recognition, disclosed a new short bet on Tesla stock in a Substack newsletter entry dated June 30, 2026. Having previously taken short positions on the electric‑vehicle maker, Burry expressed satisfaction with the current price level, describing it as an attractive entry point for another short.
The newsletter, titled "Trading Post June 30, 2026," outlines Burry's assessment of the company. He argues that Tesla's market valuation remains significantly above that of traditional automakers and that recent production figures and margin trends do not support the prevailing share price.
Burry also points to broader macro‑economic pressures that could weigh on the stock, including rising interest rates, a softer consumer environment, and potential regulatory actions affecting autonomous driving technology. He emphasizes that the position is intended as a longer‑term hedge against a possible correction rather than a short‑term speculative trade.
- Short position initiated on June 30, 2026
- Tesla's valuation considered excessive
- Macro risks identified as downside factors
The announcement has drawn attention from market participants, as Burry is among the few institutional investors who publicly discuss short strategies. Analysts will monitor whether additional investors adopt a similar stance.