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Respond to volatile markets: long or short?
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The big shorts are already shorting

Famed investor Michael Burry on Monday revealed a short position against Tesla worth more than half a billion, in a regulatory filing.

Burry, one of the first investors to call and profit from the subprime mortgage crisis, is long puts against 800,100 shares of Tesla or $534 million by the end of the first quarter, according to the filing with the U.S.
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