Michael Burry has a new 'Big Short', betting $534,000,000 that Tesla stock will crash. Will this bet against Elon Musk's electric vehicle company pay off? Has Michael Burry predicted the next big short? In this video we discuss Burry's likely motivations behind the position, and how he's using put options to make his bet.
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DISCLAIMER:
Neither New Money or Brandon van der Kolk are financial advisers. The information provided in this video is for general information only and should not be taken as professional advice. There are risks involved with stock market investing and consumers should not act upon the content or information found here without first seeking advice from an accountant, financial planner, lawyer or other professional. Consumers should always research companies individually and define a strategy before making decisions. Brandon van der Kolk and New Money are not liable for any loss incurred, arising from the use of, or reliance on, the information provided by this video.