Michael Burry's Recent Market Moves Attract Attention
Michael Burry, known for predicting the 2008 housing crash and featured in 'The Big Short,' has recently taken bearish positions on several high-profile stocks. In late June 2026, he shorted Tesla at $416.22 per share and Caterpillar near its peak of $1,060.98. Both stocks have since declined sharply amid a broader market pullback in July. Burry has not yet closed his positions on either stock as their prices continue to fall naturally. Burry also shorted semiconductor-related assets including the iShares Semiconductor ETF (SOXX) and Applied Materials, with mixed results. While SOXX and Applied Materials have dropped significantly since he entered these trades, Nvidia defied expectations by rising in price despite his bearish stance. Burry disclosed all of these positions through his Substack newsletter rather than waiting for quarterly filings, allowing traders to react more quickly. Burry's recent moves highlight concerns about overvaluation in AI-linked sectors such as electric vehicles and semiconductors. His strategy appears based on the belief that much of current demand is not driven by real end-user needs but instead fueled by off-balance-sheet financing.
Tickers: $AMAT $CAT $MU $NVDA $TSLA
Topics: bearish bets Caterpillar (CAT) Michael Burry short positions Tesla (TSLA)