This article first appeared on GuruFocus.
Tesla (NASDAQ:TSLA) stock is in focus after investor Michael Burry (Trades, Portfolio) said he does not have a short position in the electric-vehicle maker, according to a Wednesday post on the social media platform X.
Burry, best known for his bets against the U.S. housing market ahead of the 2008 financial crisis, responded I am not short when asked whether he was betting against Tesla, according to the post.
Tesla stock was unchanged in recent trading.
The comments drew attention because Burry has recently questioned valuations across parts of the technology and artificial intelligence sector. He has also closed his hedge fund and launched a subscription-based research platform.
Regulatory filings earlier showed Burry held put options on Nvidia (NVDA) and Palantir Technologies (PLTR), positions that would benefit if those shares fall by 2027, according to media reports.
Burry has previously criticized Tesla’s valuation and raised concerns about shareholder dilution from equity issuance and executive compensation.
Tesla recently released preliminary delivery expectations, suggesting fourth-quarter vehicle sales may come in below some analyst forecasts. The company is scheduled to report official delivery figures in early January.