
TSLA Stock Watch! Investor Michael Burry Rules Out Tesla Short Position

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Tesla (TSLA) shares are under scrutiny as investor Michael Burry confirmed he is not shorting the stock, despite concerns over its valuation. TSLA is down 0.14% in pre-market trading. Burry, known for his contrarian views, previously labeled Tesla as "ridiculously overvalued" and warned of potential dilution from new shares and Elon Musk's compensation plan. Tesla's fourth-quarter delivery estimates suggest a decline in sales, with a Hold consensus rating from analysts. The average price target for TSLA is $394.07, indicating a potential downside of 13.28%.
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