Renowned Investor Michael Burry Reveals Short Stance on Tesla
2025-12-02 / Read about 0 minute
Author:小编   

As reported by Fortune magazine, the esteemed investor Michael Burry has taken to the Substack platform to announce his short position on the stocks of electric vehicle giant Tesla. Burry, who famously foresaw the downturn in the real estate market during the 2008 financial crisis, has now turned his attention to Tesla, labeling its stocks as "overvalued."

Since the dawn of this year, Tesla's stock price has witnessed a 6.5% surge, with its price-to-earnings ratio, based on anticipated profits for the upcoming 12 months, soaring to nearly 200 times. Despite this, at the close of Monday's trading session, the stock price exhibited minimal change, with negligible fluctuations observed in after-hours trading.