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00:03Michael Burry said Wednesday that he is not short Tesla shares after previously calling the company
00:08ridiculously overvalued, according to CNBC. In a post on X, the Scion Asset Management founder
00:15responded to a user asking if he would bet against Tesla and stated, I am not short.
00:21Burry clarified his stance after calling Tesla ridiculously overvalued in a separate post,
00:26following questions about whether he was short the stock.
00:30He made the same valuation assessment earlier in the month to subscribers of his new paid
00:34Substack newsletter. His comments followed recent headlines tied to a tech short bet
00:39and remarks about aggressive accounting linked to the AI boom.
00:43For all things money, visit Benzinga.com.
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