Michael Burry has disclosed a new short position against Tesla (TSLA), revealing that he shorted the stock at $416.22 on Tuesday.
The bet is one piece of a broader basket of new shorts the “Big Short” investor placed against what he describes as an inflating AI and semiconductor bubble.
Burry detailed the trades in his paid “Cassandra Unchained” Substack post titled “Trading Post June 30, 2026,” published Tuesday. Rather than a standalone Tesla call, the note reads as a quarter-end sweep against stocks he considers overextended.
In it, he lists a string of new short positions opened the same day: Caterpillar (CAT) at $1,060.98, Nvidia (NVDA) at $198.09, the iShares Semiconductor ETF (SOXX) at $642.80, and Applied Materials (AMAT) at $729.40. Tesla comes last.
“And finally I shorted Tesla (TSLA) at 416.22. Happy it jumped back to this level,” Burry wrote.
