Burry of ‘Big Short’ fame reveals large bearish bet against Tesla By Reuters
By Hyunjoo Jin and Maiya Keidan BERKELEY, Calif. (Reuters) -The family office run by "Big Short" investor Michael Burry has disclosed a large bearish bet via options on Tesla Inc. Scion Asset Management said in a regulatory filing on Monday that it had put options on 800,100 shares in Tesla as of the end of the first quarter. Based on Tesla's closing price of $667.93 at the end of the first quarter the value of that many shares would be about $534 million. Details on the strike price of the puts, their value and whether they...
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