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Burry Says He Isn’t Shorting Tesla After Calling It ‘Ridiculously Overvalued’

He labels the shares “ridiculously overvalued,” highlighting company-posted delivery estimates that point to a second straight annual sales decline.

Overview

  • Michael Burry replied on X that he is not short Tesla, despite reiterating his view that the stock is overvalued.
  • Tesla published its own compilation of sell-side forecasts showing about 422,850 Q4 deliveries, roughly 15% below a year ago.
  • The company-posted consensus pegs 2025 deliveries near 1.6 million, indicating an estimated annual decline of about 8% and a second consecutive drop.
  • Analyst Gary Black called the disclosure unusual for Tesla, and investors are awaiting the company’s official delivery report in early January.
  • Burry has criticized shareholder dilution of roughly 3.6% a year tied to equity pay and has shifted disclosed bearish bets toward AI names such as Nvidia and Palantir, cautioning that shorting Tesla has been risky and options are costly.