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Big short Michael Burry publicly shorts TSL: valuation is too outrageous.
[比推] The big short positions have taken action again.
Michael Burry just posted a message stating that he is shorting Tesla. This investor, who became famous for predicting the 2008 financial crisis, has now set his sights on the electric vehicle giant.
The reason is straightforward – the valuation is outrageous.
Burry is known for his contrarian thinking, and every time he takes action, it causes a stir in the market. Choosing Tesla as his target this time must have been a well-considered decision. After all, Tesla's market value has always been a focal point of controversy, with supporters and skeptics each holding their ground.
Now this veteran short positions has personally stepped in, and the upcoming movements of Tesla will be even more interesting.