The article titled “Bill Gates Strikes Back at Elon Musk, Announces $333 Million Offer to Buy X—Musk’s Immediate Reaction Shakes the Internet!” discusses a renewed conflict between Elon Musk, CEO of Tesla, and Bill Gates, co-founder of Microsoft.
Musk recently stated on social media platform X:
“If Tesla becomes the most valuable company in the world, that short position would bankrupt even Bill Gates.”
This statement was in response to a post from X user Teslaconomics, who reshared an older comment by Musk. The dispute dates back to 2022, when Gates allegedly lost $1.5 billion due to a short position against Tesla stock.
Musk has repeatedly criticized Gates for betting against Tesla while simultaneously advocating for environmental causes. He claimed that Gates still holds a significant short position against Tesla and accused him of hypocrisy, stating:
“As far as I know, Gates still has a massive short position against Tesla. Someone should ask him if that’s true. The lack of awareness and hypocrisy is astounding—he even asked me to donate to his environmental causes while betting $500 million on Tesla’s downfall.”
Gates has never explicitly confirmed or denied his short position on Tesla, though in a 2021 CNBC interview, he acknowledged Tesla’s achievements, saying: “What Elon has done with Tesla is amazing.”
A short position is a stock market strategy where an investor borrows shares they don’t own, sells them at the current price, and later buys them back at a lower price, profiting from the difference.
Musk’s remarks come as Tesla’s current market capitalization stands at approximately $1.251 trillion, far behind Apple’s $3.729 trillion. To surpass Apple and become the world’s most valuable company, Tesla would need to grow nearly 200%.
