Renowned investor Michael Burry moved to correct market speculation this week after renewed attention on his views about Tesla’s valuation.

The Scion Asset Management founder said he is not betting against the electric vehicle maker, despite having described the stock as “ridiculously overvalued.”

The clarification came in response to questions on social media, as investors assessed Tesla’s recent disclosures, shifting delivery expectations, and a volatile share price trajectory in 2025.

Burry’s comments also followed his broader criticism of accounting practices tied to the AI boom, which has kept his market calls in focus well beyond Tesla alone.

Social media clarification

On Wednesday, Burry addressed questions directly on X after a user asked whether he was shorting Tesla’s shares. He replied that he “was not short.”