Michael Burry, known for betting against the US housing market and featuring in The Big Short, has decided to back out of his put option bet against Tesla. While many have tried to bet against Elon Musk, few have succeeded, but has Michael Burry got out with a profit?!

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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.