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Barchart
Nauman Khan

Michael Burry Is Betting Against Tesla Again. He’s Not Buying the AI Hype Story.

Tesla (TSLA) has never been a stock that trades quietly. Bulls see it as an artificial intelligence (AI), robotics, and autonomous driving (AD) company. Bears see an expensive automaker facing slower electric vehicle (EV) demand and mounting competition. That debate is heating up again after infamous investor Michael Burry disclosed on June 30 that he opened a new short position in Tesla at $416.22, saying he was “happy it jumped back to this level.” Burry’s entry came after a more than 8% rally in TSLA stock, partly on bullish Wall Street delivery forecasts. Now his move has traders asking whether Tesla’s momentum has finally stalled.

Does Burry's latest bet change the Tesla investment case? It certainly adds another headline risk. But Tesla's future will still depend far more on deliveries, earnings execution, and its AI roadmap than on one investor's position.

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