After calling Tesla's valuation ridiculously high, "Big Short" Burry clarifies: Not currently shorting.

Michael Burry, the real-life inspiration for "The Big Short" and a well-known investor, said on Wednesday that he is currently not shorting Tesla stock, after previously calling the electric car maker's valuation "absurdly high."

In a post on social platform X, Burry responded directly to a user asking whether he was betting against Tesla, stating: "I am not short."

After a previous post where he described Tesla as "absurdly overvalued," Burry has now further clarified his position. Earlier this month, he also expressed a similar view on Tesla’s valuation to subscribers in his newly launched paid Substack newsletter.

Burry has recently made headlines for his bets on shorting technology stocks. He said that some of the largest U.S. companies are using aggressive accounting methods to exaggerate their purported profits from the artificial intelligence boom.

Burry’s latest comments on Tesla come just as the company made an unusual move by announcing delivery volume forecasts, which seem to suggest that prospects are below market expectations. Delivery volume is the closest metric Tesla discloses to actual car sales, but the company did not provide a precise definition in its communications with shareholders.

Tesla’s data compiled on Monday shows that the average forecast for vehicle deliveries in 2025 is 1.6 million units, down about 8% from 2024, which means the company may experience an annual decline in delivery volumes for the second year in a row.

Tesla's stock performance this year has been quite volatile. The company’s shares recently hit a record closing high of $489.88, but suffered a sharp drop in the first quarter due to increased competition and reputational impact from Musk’s provocative political remarks.

During Wednesday afternoon trading, Tesla’s stock price rose slightly. Since the start of 2025, the stock has climbed a total of 12.5%.

Burry became famous for successfully predicting the collapse of the U.S. housing market, which sparked the global financial crisis in 2008.

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