Musk says Gates holds ‘billion dollar’ Tesla short position

Elon Musk said in a series of tweets on Friday local time that Bill Gates shorted Tesla and now needs $1.5 billion to $2 billion to close it.

Musk tweeted that Gates is shorting Tesla “by billions of dollars” while claiming to help solve global warming, and I think I have some trust issues with him.

Musk said the position, at $500 million, was growing after Tesla’s “massive rally.”

Asked on CNBC last year whether he was shorting Tesla, Gates said: “I’m not going to talk about my investments.”

At the end of April this year, a suspected chat between Musk and Gates was exposed on Twitter. According to a report by the US Business Insider website on April 23, Tesla CEO Elon Musk accused Microsoft founder Bill Gates of “shorting” Tesla’s stock, and canceled an agreement with Gates for this reason. meet.

According to the report, screenshots of the chat show Gates chatting privately with Musk about “charities” about climate change. At the end of the chat, Musk asked Gates whether he had spent $500 million to “short” Tesla, and Gates admitted. When Gates wanted to discuss “philanthropy” further, Musk declined, saying: “I really can’t take your cooperation intentions seriously because you’re targeting Tesla so much.”

According to reports, this is not the first time the two have publicly feuded. When Gates revealed in 2020 that he bought himself an all-electric Porsche Taycan, one Twitter user asked, “I wonder why Bill Gates decided to buy a Taycan instead of a Tesla.” “To be honest, my conversations with Gates have never been interesting,” Scheer responded in a tweet.

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