# Michael Burry of ‘The Big Short’ reveals a $530 million bet against Tesla

**URL:** <https://tribe.getbaraka.com/t/michael-burry-of-the-big-short-reveals-a-530-million-bet-against-tesla/296>\
**Category:** Investment\
**Created:** [24 May 2021 08:03 UTC](https://tribe.getbaraka.com/t/michael-burry-of-the-big-short-reveals-a-530-million-bet-against-tesla/296 "2021-05-24T08:03:18Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![rafy](https://sea1.discourse-cdn.com/flex019/user_avatar/tribe.getbaraka.com/rafy/32/84_2.png) [@rafy](https://tribe.getbaraka.com/u/rafy)\
**Post date:** [24 May 2021 08:03 UTC](https://tribe.getbaraka.com/t/michael-burry-of-the-big-short-reveals-a-530-million-bet-against-tesla/296/1 "2021-05-24T08:03:18Z")

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[Tesla should be scared now that Michael Burry is shorting the stock.](https://www.cnbc.com/2021/05/17/michael-burry-of-the-big-short-reveals-a-530-million-bet-against-tesla.html?utm_source=morning_brew)

What do you think will happen? Michael Burry has predicted the housing market crash of 2008, GameStop saga and now this.

I’m a big fan of Tesla and Elon but this is scary.

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**Author:** ![ayushkbhatia](https://sea1.discourse-cdn.com/flex019/user_avatar/tribe.getbaraka.com/ayushkbhatia/32/69_2.png) [@ayushkbhatia](https://tribe.getbaraka.com/u/ayushkbhatia)\
**Post date:** [3 June 2021 12:34 UTC](https://tribe.getbaraka.com/t/michael-burry-of-the-big-short-reveals-a-530-million-bet-against-tesla/296/2 "2021-06-03T12:34:04Z")

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It’s interesting to see Burry take a short bet on Tesla, considering all the hype surrounding the stock, which may spur further demand quarter to quarter.

Smart move considering these are put options and not equity shorts - a momentary hype in Tesla’s equity prices would not force a short cover or a squeeze like the one we’re witnessing with $BB, $NOK, $AMC and $GME