June 14, 2024


The Joy of Technology

Elon Musk confirms he confronted Bill Gates about shorting Tesla stock


TLDR: In a collection of leaked texts, Elon Musk seemingly turned down possessing philanthropic talks with fellow billionaire Monthly bill Gates simply because of the latter’s half-billion-dollar shorter posture on Tesla. Musk verified the authenticity of these texts, but claimed he didn’t leak them himself.

On Friday, Elon Musk verified that he confronted Monthly bill Gates about shorting Tesla stock. The leaked screenshots of texts concerning the two billionaires ended up shared on Twitter, inquiring Musk if they were being legitimate.

In these screenshots, the Tesla CEO overtly questioned Gates if he nevertheless held a $500 million small place in opposition to Tesla. Gates admitted that he hadn’t shut it out, incorporating that he would like to examine philanthropic options.

Musk promptly turned down this request, boasting that he cannot consider Gates’ perspective of weather change very seriously though he is holding a short posture versus Tesla. According to him, the company was carrying out the most to fix climate change.

Limited advertising commonly means that an investor or trader sells shares they’ve borrowed, intending to get them back afterwards at a decreased price tag. By undertaking this, they’re in essence betting that the asset’s benefit will go down.

Musk claimed that the screenshots were being serious, while he denied leaking them himself. It truly is not known when this exchange took spot, while it really is worth noting that Musk to start with talked about Invoice Gates shorting Tesla stock around a 12 months ago on the Joe Rogan podcast.

Elon Musk afterwards tweeted a meme meant to mock Gates.

The two billionaires have openly feuded in the previous, disagreeing about subject areas these kinds of as Covid-19, colonizing Mars, and cryptocurrencies. Musk also tweeted in 2020 that his conversations with Gates have been underwhelming, so it is apparent the two aren’t on most effective phrases.


Source website link