Michael Burry Rejects Claims He Was Wrong on Nvidia, Tesla and Housing Bets
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Michael Burry Rejects Claims He Was Wrong on Nvidia, Tesla and Housing Bets Radhika Anilkumar Nadig Mon, July 6, 2026 at 9:31 PM EDT 5 min read TSLA NVDA Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. The 'Big Short' Investor Michael Burry on Sunday disputed claims that several of his past market calls, including ones on Nvidia Corp. , Tesla Inc. and another U.S. housing market crash, had proved wrong after an X account challenged his investing record. An X user shared a post arguing Burry had been wrong on several of his best-known market calls, while referring to the investor as "Captain Broken Clock." Burry responded to the post, saying, "nice graphic, but nothing on it is true." — Cassandra Unchained (@michaeljburry) July 5, 2026 A single bad hire can set a startup back years. Here are the 5 hires founders most often misjudge — and why Still Learning the Market? These 50 Must-Know Terms Can Help You Catch Up Fast The "Captain Broken Clock" reference echoed a 2021 comment from Tesla CEO Elon Musk , who called Burry "a broken clock" after the investor questioned Musk's reasons for selling Tesla stock. The post claimed Burry wrongly bet against NVIDIA during its early AI-driven rally, misjudged Tesla's valuation and incorrectly predicted another downturn in the U.S. housing market. It also added that while Burry correctly predicted the 2008 financial crisis, his subsequent market calls reflected what it described as a recurring pattern of mistakes, saying that "a pattern is a pattern." Burry remains one of Wall Street's most closely followed investors, with his portfolio disclosures and social media activity frequently drawing attention from traders. Trending: Avoid the #1 Investing Mistake: How Your 'Safe' Holdings Could Be Costing You Big Time Last week, Burry disclosed fresh bearish positions against Tesla, NVIDIA and the iShares PHLX SOX Semiconductor Sector Index Fund , adding that the semiconductor valuations had reached historically stretched levels and warning the AI-driven rally resembled previous market extremes. He said that the Philadelphia Semiconductor Index was trading at an unusually large premium to its 200-day moving average and criticized financing structures supporting AI infrastructure spending. Burry has repeatedly drawn attention for taking contrarian positions during periods of strong market optimism. His latest response comes as investors continue to debate whether the AI-driven rally in semiconductor stocks can be sustained. Skip the Regrets: The Essential Retirement Tips Experts Wish Everyone Knew Earlier. Think you're saving enough for your kids? 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