Michael Burry JUST Bet $500 Million Against TSLA [40% of His Portfolio]

Michael Burry JUST Bet $500 Million Against TSLA [40% of His Portfolio]

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I have a long position in TSLA

DISCLAIMER: All of Tom's trades, strategies, and news coverage are based on his own opinions alone and are only done for entertainment purposes. If you are watching To'ms videos, please Don't take any of this content as guidance for buying or selling any type of investment or security. Tom Nash is not a financial advisor and anything said on this YouTube channel should not be seen as financial advice. Tom is merely sharing his own personal opinion. Your own results in the stock market or with any type of investment may not be typical and may vary from person to person. Please keep in mind that there are a lot of risks associated with investing in the stock market so do your own research and due diligence before making any investment decisions.

[imnickim]

Any updates from your buddy Dan Bilzerian 😅

[josephhomes]

Great video .. I made a few investments in individual companies, in my honest opinion right now i feel it's. safe to invest in an ETF that tracks the S&P500 and ride it out asides that I put $140k into some growth stocks with a investment advisor/broker handling my portfolio... some of my picks are, NVR, LISP.SW, SEB, DOWJ, AAPL, NYSE, NASDAQ, TSLA, as well as ARKW I've gotten 128% return so far this year, but hopefully I’ll reach a million sooner
... fingers crossed 😄

[HitThatBid]

“Tesla shorts got absolutely shellacked” found my new favourite slogan

[BigDudeSuperstar]

This is wrong, Burry bought 8K put contracts at an exposure of 800K shares. I.e. He did not spend $534m to get that exposure, but a fraction of that amount.

[stevie]

Michael Burry: genius that does tons of research

Tesla fanboy: watched a few YouTube videos and joined team Tesla Mob.

[Failbrids]

Not sure I’m believing this spin lol. Burry has been a long time critic of Tesla valuation and he got put leaps, possibly OTC with more than 2 years time. I highly doubt he was putting that much conviction behind the play for just a short term decline in Tesla. Pretty sure he’s bearish long term

[BradKaellner]

Silly media confusing the notional value of Burry’s options with actual risk capital. The entire AUM of Scion is around $470m 😂

[stefanr]

please do your homework and/or watch Tesla Daily. Scion did not "put up" 500Mio against Tesla. That was just the current market value of the 800.100 shares. He have "put in" much less, as the current AUM is even much less than that. Sorry, but just was just a lazy hit :-((

[datacourier]

1) Just bet - wrong, the position has been open for over half a year
2) Bet 500M - wrong, his position value is 500M, he could have bet 10-30M at the right time
I haven't watched the video just got annoyed by the clickbait

[Essymoney]

How can you say It was a short term bet if you don't even know the expiration date of these contracts neither the strike price? You need to clarify this with your viewrs, some have 0 financial education. I personally think this is a LEAP play by Burry, especially knowing his trading/investment style, he would never play macro in the short-term, much less 33% of his portfolio.

[jonathanarmen]

sure it has to do with tesla. Why would he not do this to SONY? Tesla is fucked

[pepcjim]

Long....I love roller-coasters. Last 4 years WOW! WHAT A RIDE.

[AndrewKuntzman]

the best video on this topic yet. Thanks Tom

[doggiedoge]

it’s a lot his fault.. i hope he loses a lot of money.

[NeoSoulCrew]

You obviously are pro Tesla so it comes out in your videos. You have no idea what Michael Burry's sentiment on Tesla is, he bet on it to go down and it did.

[CouchInvestor]

If you take the 800k shares and divide it by the market value you get $667 which was the closing price of Tesla on March 31st. So it really is the value of the underlying shares and Burry's actual position because I don't think Burry's fund has that much $$$ available. :)

A bit strange not seeing your face! Allegedly.

[NonStopGAMERZ]

Michael Burry bought at the top. The guy who called the house crash, he knows what he’s doing

[linush.]

This video is simply trying to protect Tesla and make it sound like Burry doesn’t actually find Teslas current price problematic. Of course he was betting against high growth because of inflation, but saying that Tesla just so happened to be the stock he picked is wrong imo. I, and many others (including Burry) believe Tesla is massively overvalued. Before you come at me: I am a huge fan of the company and have a Tesla myself. Nonetheless, nothing justifies its current valuation and I think Burry is betting on a long overdue correction here.

[mandyb]

Hi Tom

I believe this position was from Jan 21 when he tweeted and advised Musk to take some profits. afaik it was at 600.

[tonyarrow]

Great analysis Tom, definitely makes me feel a hell of a lot better.