# Michael burry just shorted Tesla - RIP **URL:** \ **Category:** 📊 Investing\ **Created:** [December 7, 2020, 10:54pm UTC](https://community.trading212.com/t/michael-burry-just-shorted-tesla-rip/30738 "2020-12-07T22:54:23Z")\ **Posts on this page:** 20\ **Page:** 1
**Author:** ![Gfclappah](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/gfclappah/32/10085_2.png) [@Gfclappah](https://community.trading212.com/u/Gfclappah)\ **Post date:** [December 7, 2020, 10:54pm UTC](https://community.trading212.com/t/michael-burry-just-shorted-tesla-rip/30738/1 "2020-12-07T22:54:23Z")
Time to short the mammoth. ---
**Author:** ![nickspacemonkey](https://avatars.discourse-cdn.com/v4/letter/n/eb8c5e/32.png) [@nickspacemonkey](https://community.trading212.com/u/nickspacemonkey)\ **Post date:** [December 7, 2020, 10:58pm UTC](https://community.trading212.com/t/michael-burry-just-shorted-tesla-rip/30738/2 "2020-12-07T22:58:19Z")
Pfff, the idiot is losing money already. ---
**Author:** ![Gfclappah](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/gfclappah/32/10085_2.png) [@Gfclappah](https://community.trading212.com/u/Gfclappah)\ **Post date:** [December 7, 2020, 10:58pm UTC](https://community.trading212.com/t/michael-burry-just-shorted-tesla-rip/30738/3 "2020-12-07T22:58:36Z")
Think he knows more than most 😂😂😂. How can you justify it at current price please break it down for me. Elon said it was overpriced at like 250, yet mugs queuing up. RIP @Tommy ---
**Author:** ![nickspacemonkey](https://avatars.discourse-cdn.com/v4/letter/n/eb8c5e/32.png) [@nickspacemonkey](https://community.trading212.com/u/nickspacemonkey)\ **Post date:** [December 7, 2020, 11:04pm UTC](https://community.trading212.com/t/michael-burry-just-shorted-tesla-rip/30738/4 "2020-12-07T23:04:34Z")
It’s not mugs. It’s actually the smart/institutional money that’s buying right now. They were late to the party. Also the value of something is governed by supply and demand, not what you or I think it’s worth. ---
**Author:** ![soloinv](https://avatars.discourse-cdn.com/v4/letter/s/49beb7/32.png) [@soloinv](https://community.trading212.com/u/soloinv)\ **Post date:** [December 7, 2020, 11:13pm UTC](https://community.trading212.com/t/michael-burry-just-shorted-tesla-rip/30738/6 "2020-12-07T23:13:06Z")
There will be a sell off post S&P for sure ---
**Author:** ![nickspacemonkey](https://avatars.discourse-cdn.com/v4/letter/n/eb8c5e/32.png) [@nickspacemonkey](https://community.trading212.com/u/nickspacemonkey)\ **Post date:** [December 7, 2020, 11:14pm UTC](https://community.trading212.com/t/michael-burry-just-shorted-tesla-rip/30738/7 "2020-12-07T23:14:19Z")
There no need to be rude or insulting. We have different points of view, does not mean I’m rude to you. ---
**Author:** ![Gfclappah](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/gfclappah/32/10085_2.png) [@Gfclappah](https://community.trading212.com/u/Gfclappah)\ **Post date:** [December 7, 2020, 11:16pm UTC](https://community.trading212.com/t/michael-burry-just-shorted-tesla-rip/30738/8 "2020-12-07T23:16:19Z")
On a serious note. How does this affect the s&p because surely if you buy the index before inclusion the index is going to go up with that ridiculous market cap? I’m not familiar with the ins and outs of it ---
**Author:** ![nickspacemonkey](https://avatars.discourse-cdn.com/v4/letter/n/eb8c5e/32.png) [@nickspacemonkey](https://community.trading212.com/u/nickspacemonkey)\ **Post date:** [December 7, 2020, 11:20pm UTC](https://community.trading212.com/t/michael-burry-just-shorted-tesla-rip/30738/9 "2020-12-07T23:20:47Z")
Are you actually insulting me then asking how it works? Wtf lol ---
**Author:** ![Gfclappah](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/gfclappah/32/10085_2.png) [@Gfclappah](https://community.trading212.com/u/Gfclappah)\ **Post date:** [December 7, 2020, 11:22pm UTC](https://community.trading212.com/t/michael-burry-just-shorted-tesla-rip/30738/10 "2020-12-07T23:22:17Z")
I don’t care about emotions I just want an answer, otherwise I have to Google it and work it out for myself which is effort lol ---
**Author:** ![nickspacemonkey](https://avatars.discourse-cdn.com/v4/letter/n/eb8c5e/32.png) [@nickspacemonkey](https://community.trading212.com/u/nickspacemonkey)\ **Post date:** [December 7, 2020, 11:52pm UTC](https://community.trading212.com/t/michael-burry-just-shorted-tesla-rip/30738/15 "2020-12-07T23:52:21Z")
I’ll just have to accept that being a TSLA investor will always bring ridicule. No matter what the future brings. ---
**Author:** ![Gfclappah](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/gfclappah/32/10085_2.png) [@Gfclappah](https://community.trading212.com/u/Gfclappah)\ **Post date:** [December 7, 2020, 11:53pm UTC](https://community.trading212.com/t/michael-burry-just-shorted-tesla-rip/30738/16 "2020-12-07T23:53:00Z")
Maybe you’ll have the last laugh, so far I’m the one getting it wrong 😜. Who cares it’s who carries the bag at the end of the day. ---
**Author:** ![soloinv](https://avatars.discourse-cdn.com/v4/letter/s/49beb7/32.png) [@soloinv](https://community.trading212.com/u/soloinv)\ **Post date:** [December 8, 2020, 12:03am UTC](https://community.trading212.com/t/michael-burry-just-shorted-tesla-rip/30738/17 "2020-12-08T00:03:38Z")
I think most of the tracking indexes buy the day of inclusion which is the 21st and that’s most people trying to take advantage of the build up will leave their positions tesla. The indexes may drop a bit post inclusion but tesla will only make up 1% of them so it shouldn’t move too much. ---
**Author:** ![soloinv](https://avatars.discourse-cdn.com/v4/letter/s/49beb7/32.png) [@soloinv](https://community.trading212.com/u/soloinv)\ **Post date:** [December 8, 2020, 12:04am UTC](https://community.trading212.com/t/michael-burry-just-shorted-tesla-rip/30738/18 "2020-12-08T00:04:59Z")
I’m actually in big on tesla ---
**Author:** ![nickspacemonkey](https://avatars.discourse-cdn.com/v4/letter/n/eb8c5e/32.png) [@nickspacemonkey](https://community.trading212.com/u/nickspacemonkey)\ **Post date:** [December 8, 2020, 12:09am UTC](https://community.trading212.com/t/michael-burry-just-shorted-tesla-rip/30738/19 "2020-12-08T00:09:43Z")
Index funds can purchase anytime from the announcement date to weeks after the inclusion date. Funds may have even bought pre-emptively before the announcement happened. Because TSLA is such a large inclusion, the weighting of other stocks will probably be reduced, nobody is really too sure exactly how it will be weighted and what stocks will be dropped. Nothing this big has entered before. > [@soloinv](#): > > I’m actually in big on tesla You must be “smart” also 😉 ---
**Author:** ![ABtrade](https://avatars.discourse-cdn.com/v4/letter/a/c57346/32.png) [@ABtrade](https://community.trading212.com/u/ABtrade)\ **Post date:** [December 8, 2020, 12:10am UTC](https://community.trading212.com/t/michael-burry-just-shorted-tesla-rip/30738/20 "2020-12-08T00:10:05Z")
Tesla becomes part of the s&p … pensions funds must rebalance and create holdings of s&p companies … institutional investors have stayed away from Tesla as it was not part of the index … now they have to buy whether they like it or not … Do the math For reference I hold no position in Tesla ---
**Author:** ![soloinv](https://avatars.discourse-cdn.com/v4/letter/s/49beb7/32.png) [@soloinv](https://community.trading212.com/u/soloinv)\ **Post date:** [December 8, 2020, 12:20am UTC](https://community.trading212.com/t/michael-burry-just-shorted-tesla-rip/30738/21 "2020-12-08T00:20:46Z")
Eitherway I expect huge volatility on the 21st so I may take some profits on the 18th and buy back in lower ---
**Author:** ![soloinv](https://avatars.discourse-cdn.com/v4/letter/s/49beb7/32.png) [@soloinv](https://community.trading212.com/u/soloinv)\ **Post date:** [December 8, 2020, 12:24am UTC](https://community.trading212.com/t/michael-burry-just-shorted-tesla-rip/30738/22 "2020-12-08T00:24:03Z")
Also although Micheal burry has a short position against tesla you can see from his comments, even he sees tesla as a good company in the long run ---
**Author:** ![nickspacemonkey](https://avatars.discourse-cdn.com/v4/letter/n/eb8c5e/32.png) [@nickspacemonkey](https://community.trading212.com/u/nickspacemonkey)\ **Post date:** [December 8, 2020, 12:28am UTC](https://community.trading212.com/t/michael-burry-just-shorted-tesla-rip/30738/23 "2020-12-08T00:28:03Z")
Honestly I had the same thought. But what if it goes to $1T market cap shortly after. I could see it happening. I might change my mind closer to the end of next week, but for now I’m just going to leave it. I’ve managed to profit a few times here and there when TSLA dipped. Selling some TSLA shares then buying the Granite shares 3x long and waiting for a recovery. I think I prefer this way of timing, because I never know when TSLA will drop, and never want to bet that way so to speak. ---
**Author:** ![soloinv](https://avatars.discourse-cdn.com/v4/letter/s/49beb7/32.png) [@soloinv](https://community.trading212.com/u/soloinv)\ **Post date:** [December 8, 2020, 12:55am UTC](https://community.trading212.com/t/michael-burry-just-shorted-tesla-rip/30738/24 "2020-12-08T00:55:16Z")
I feel like the majority of the buying will happen pre inclusion and then everyone apart from the the funds will be selling that isn’t in tesla long term. I could be wrong though I just thought I’d lock in some gains as I’m up quite a bit atm. ---
**Author:** ![laguiar](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/laguiar/32/275_2.png) [@laguiar](https://community.trading212.com/u/laguiar)\ **Post date:** [December 8, 2020, 1:16am UTC](https://community.trading212.com/t/michael-burry-just-shorted-tesla-rip/30738/25 "2020-12-08T01:16:04Z")
> [@Gfclappah](#): > > otherwise I have to Google it and work it out for myself As anyone on investment world should always do. [Next page](https://community.trading212.com/t/michael-burry-just-shorted-tesla-rip/30738.md?page=2)