Michael Burry's Tesla, Caterpillar Shorts Now in Profit
The Scion Asset Management founder publicly disclosed multi-million-dollar puts against Tesla and Caterpillar in 2024, and CNBC is now flagging the trade as in the green as both stocks lag.
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The Scion Asset Management founder publicly disclosed multi-million-dollar puts against Tesla and Caterpillar in 2024, and CNBC is now flagging the trade as in the green as both stocks lag.
The move broadens Tesla's consumer-tech pitch by linking the cabin experience to gaming platforms users already know.
Direct console access would give Tesla a bridge into established gaming ecosystems, making integration and user adoption the key commercial questions.
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