Michael Burry is once again making waves with a contrarian bet, this time turning his attention to Chinese electric vehicle (EV) giant BYD Company (BYDDY). The investor best known for predicting the 2008 housing-market collapse recently disclosed a sizable position in BYD after a pullback in Chinese equities, adding a notable bullish signal to a stock facing both strong growth opportunities and significant geopolitical risks.
Burry’s move is particularly intriguing because it comes as he remains broadly skeptical of the AI-driven market rally and continues to favor value-oriented opportunities, suggesting the Chinese EV maker could be undervalued after a steep share-price decline. Meanwhile, BYD has emerged as one of China’s leading EV makers, with ambitions to expand its global footprint and challenge the world’s largest automakers. However, slowing domestic sales, trade barriers, and geopolitical tensions remain important risks to the company’s expansion.
