The investment firm behind Michael Burry, who shot to fame for predicting the mortgage crisis well before anyone else, has made a bearish bet against electric-car behemoth Tesla.
The filing doesn’t reveal when Scion made that bet against Tesla. However, Burry, who was profiled in Michael Lewis’ “The Big Short” telling of the 2008 housing market crash, has previously made clear that he is short on that stock. Burry also made a substantial investment on videogames retailer GameStop GME, +12.93% in 2019, well before a trading frenzy driven by individual investors earlier this year.
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