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๐จ Elon Musk Sparks Feud With Bill Gates Over Tesla Short Position
Elon Musk has reignited his rivalry with Bill Gates by claiming on X (formerly Twitter) that Gates could face bankruptcy if Tesla becomes the world's most valuable company. This bold statement stems from Gates' alleged short position against Tesla, which reportedly cost him $1.5 billion in losses.
๐ง What is a Short Position?
A short position is a stock market strategy where:
Shares are borrowed by an investor who does not own them.
The investor sells the shares on the market, aiming to buy them back later at a lower price.
Goal: Profit from a decline in the stock's value.
However, if the stock price rises, losses can be substantial, as was the case with Gatesโ position against Tesla.
๐ผ Bill Gates vs. Tesla: The Backstory
Short Bet: Gates allegedly placed a massive bet against Tesla during one of its weakest moments.
$1.5 Billion Loss: According to Walter Isaacsonโs biography on Musk, this decision cost Gates dearly.
Muskโs Reaction:
Musk criticized Gates, claiming his short position was a bet on Teslaโs failure.
Gates reportedly profited from Teslaโs struggles while asking Musk to support environmental causes, which Musk labeled as hypocrisy.
๐ฅ Muskโs Bold Statement
In a post on X, Musk wrote:
> โIf Tesla does become the worldโs most valuable company by far, that short position will bankrupt even Bill Gates.โ
This refers to the immense growth Tesla needsโapproximately 200%โto surpass Apple and claim the top spot in global market capitalization.
๐ Teslaโs Recent Performance
Tesla has seen a stellar year, driven by key factors:
Stock Surge: Up 56.91% year-to-date.
President-elect Donald Trumpโs Victory: Strengthened ties between Trump and Musk fueled investor confidence.
Goldman Sachs: Raised Teslaโs price target, sending shares to a record high of $400.
๐ค Why Muskโs Comments Matter
Highlighting Gatesโ Misstep: Musk used Gatesโ short position as an example of misaligned priorities in the tech and environmental sectors.
Underscoring Teslaโs Success: The statement showcases Teslaโs resilience and potential for growth, reinforcing Muskโs position as a leading innovator.
๐ข The Debate Continues
Tesla enthusiasts and Musk supporters on X, like Teslaconomics, have shared strong opinions:
> โThis is why itโs a big โf** youโ to Bill Gates since day 1 $TSLA.โ*
Teslaโs journey from near collapse to its current triumph is a testament to Muskโs vision and the companyโs commitment to innovation.
๐ The Road Ahead
As Tesla continues its upward trajectory, questions remain:
Will Tesla achieve the 200% growth needed to become the worldโs most valuable company?
Does Gates still hold his short position, and how will this feud shape public perception of the tech titans?
For now, one thing is clear: the rivalry between Musk and Gates isnโt cooling down anytime soon. Stay tuned!
#MarketMajorComeback #BTCReclaims101K #RLUSDApprovalBoostXRP #CPI4MonthsHigh
๐ง What is a Short Position?
A short position is a stock market strategy where:
Shares are borrowed by an investor who does not own them.
The investor sells the shares on the market, aiming to buy them back later at a lower price.
Goal: Profit from a decline in the stock's value.
However, if the stock price rises, losses can be substantial, as was the case with Gatesโ position against Tesla.
๐ผ Bill Gates vs. Tesla: The Backstory
Short Bet: Gates allegedly placed a massive bet against Tesla during one of its weakest moments.
$1.5 Billion Loss: According to Walter Isaacsonโs biography on Musk, this decision cost Gates dearly.
Muskโs Reaction:
Musk criticized Gates, claiming his short position was a bet on Teslaโs failure.
Gates reportedly profited from Teslaโs struggles while asking Musk to support environmental causes, which Musk labeled as hypocrisy.
๐ฅ Muskโs Bold Statement
In a post on X, Musk wrote:
> โIf Tesla does become the worldโs most valuable company by far, that short position will bankrupt even Bill Gates.โ
This refers to the immense growth Tesla needsโapproximately 200%โto surpass Apple and claim the top spot in global market capitalization.
๐ Teslaโs Recent Performance
Tesla has seen a stellar year, driven by key factors:
Stock Surge: Up 56.91% year-to-date.
President-elect Donald Trumpโs Victory: Strengthened ties between Trump and Musk fueled investor confidence.
Goldman Sachs: Raised Teslaโs price target, sending shares to a record high of $400.
๐ค Why Muskโs Comments Matter
Highlighting Gatesโ Misstep: Musk used Gatesโ short position as an example of misaligned priorities in the tech and environmental sectors.
Underscoring Teslaโs Success: The statement showcases Teslaโs resilience and potential for growth, reinforcing Muskโs position as a leading innovator.
๐ข The Debate Continues
Tesla enthusiasts and Musk supporters on X, like Teslaconomics, have shared strong opinions:
> โThis is why itโs a big โf** youโ to Bill Gates since day 1 $TSLA.โ*
Teslaโs journey from near collapse to its current triumph is a testament to Muskโs vision and the companyโs commitment to innovation.
๐ The Road Ahead
As Tesla continues its upward trajectory, questions remain:
Will Tesla achieve the 200% growth needed to become the worldโs most valuable company?
Does Gates still hold his short position, and how will this feud shape public perception of the tech titans?
For now, one thing is clear: the rivalry between Musk and Gates isnโt cooling down anytime soon. Stay tuned!
#MarketMajorComeback #BTCReclaims101K #RLUSDApprovalBoostXRP #CPI4MonthsHigh
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.ย See T&Cs.
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