Michael Burry has reportedly closed a Tesla short position he opened on June 30 at $416.22 a share, after the stock fell more than 20% and reached the low $300s by late July. Kalshi reported the exit on August 14, but no SEC filing, 13F filing (quarterly U.S. holdings disclosure), or statement from Burry has confirmed it, leaving the timing, size, and structure of the trade unclear. The position was part of a broader bearish view on companies tied to the AI and semiconductor wave, including Nvidia and Applied Materials. Burry has also bet against Tesla before, including a 2021 position in put options (contracts that gain as a stock falls) on more than 1 million shares that he later described as "just a trade."