Tesla Eyes AI Data Center Solar Power; Shares Slide 2.99% on Burry Bet

2026-07-08

Tesla’s solar panels may support AI data centers, offering a novel energy market opportunity beyond its current residential installations. At the same time, Michael Burry has reestablished bearish positions against Tesla stock, contributing to a 2.99% intraday decline in Tesla shares.

1. Energy Division Targets AI Data Centers

Tesla is exploring using customer-owned solar panels and its Powerwall storage systems to supply electricity for AI data centers, which could unlock a new revenue stream beyond residential and commercial installations. This initiative leverages existing solar infrastructure to meet high-demand compute facilities, aligning with Tesla Energy’s goal of expanding into large-scale energy services.

2. Michael Burry's Renewed Bearish Position

Michael Burry has established fresh bearish positions against Tesla stock, reportedly through put options, signaling his expectation of further downside. The announcement coincided with a 2.99% intraday decline in Tesla shares, underscoring the impact of high-profile hedge fund moves on market sentiment.