Burry Denies Tesla Short Position Amid Delivery Concerns
Michael Burry clarified he holds no short position in Tesla, despite persistent bearish commentary on the automaker. The disclosure followed intense scrutiny from social media users who speculated his critical views implied a bet against the stock. Tesla shares have weathered significant volatility this year, plunging in April over concerns about Elon Musk's political distractions before rebounding sharply to near-record levels.
New pressure emerged as Tesla unexpectedly published delivery estimates publicly—a departure from its usual private disclosures to analysts. The figures revealed an 8% annual sales decline, with Q4 projections pointing to a steeper 15% drop. Bloomberg's more optimistic estimate of 440,907 vehicles still implied an 11% yearly contraction, underscoring growing demand concerns.
