Michael Burry has closed his short position on Tesla stock, which was opened at $416.22 per share on June 30. The stock dropped more than 20%, falling from $416 to the low $300s in roughly six weeks. The closure was reported on August 14 by prediction market platform Kalshi, with no official confirmation or statement from Burry himself. The investor, famous for betting against subprime mortgages in 2008, had also taken bearish positions on Nvidia and Applied Materials. The exact size of the position remains unknown, as no 13F filing or other regulatory disclosure has been filed to date.
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