Burry Predicted the 2008 Crisis, Positioned Against Tesla Stock!

Burry had predicted the 2008 crisis and positioned against Tesla stock! Michael Burry opened a new position against Tesla stocks.

Michael Burry, who became famous for his positions against mortgages during the financial crisis, took a serious position against Elon Musk's company Tesla. Scion Asset Management, owned by Burry, took a short position in 800 thousand 100 shares of Tesla as of 31 March. With the contract, Scion has the right to sell Tesla shares at an unspecified future time. This is not the first time Burry takes a position against Tesla stocks. Before deleting his tweet in December, Burry said they were taking a position against Tesla, the electric vehicle manufacturer, and advised Elon Musk to increase the capital by selling some of the shares. While Tesla announced record profits in the first quarter of 2021, it was not affected by global chip supply problems and made huge money from Bitcoin investment. It is not yet known when and at what price Burry took a position against Tesla.