Michael Burry disclosed his first-ever short on Caterpillar at $1,060.98, calling its AI-driven 150% rally an unsustainable bubble alongside shorts on

Michael Burry disclosed a new short position on Tesla (TSLA) at $416.22, part of a bearish basket targeting the AI and semiconductor bubble.

"Caterpillar jumped out at me," Burry said. "I have never shorted Caterpillar. It has always done great for me on the long side in the past."