‘Big short’ investor says his big Tesla short is getting ‘bigger and bigger’

Tesla TSLA,
+ 7.84%
Short sellers, caught on the wrong end of a $ 38 billion hit in 2020, faced Ihor Dusaniwsky, “S3 Partners’ biggest annual mark-to-market loss”.

One of the underwater people in that trade: Michael Berry.

The investor, who is famous in the book and film, “The Big Short”, for his betting bets against the American housing market, announced in early December that he was shorting Tesla to “ridiculous” levels.

It is ugly for Barry and the rest of the shorts, with Terry having more than 44% shares in the last month. Over the past year, the stock has burst to 820% growth, making CEO Elon Musk the richest man in the world. On Friday, Tesla drew a record win streak for 11 consecutive seasons, another record.

However, Barry does not feel nauseous.

“Well, my last Big Short got bigger and bigger and bigger too,” Barry said in a now-deleted tweet Thursday. “enjoy it while it lasts.”

And enjoy that they single day stock rallied 8%.


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