Bill Gates’ high-stakes bet against Tesla is teetering on the edge of disaster as the electric vehicle giant’s stock surges past $400, with analysts pinpointing $420.69 as the next key target. If the rally holds, the Microsoft founder’s multi-billion-dollar short could become one of his most significant financial missteps.
Tesla’s market cap has now eclipsed $1.2 trillion, bolstered by its 56.6% gain this year—outpacing the S&P 500’s 27.7% rise. The momentum could intensify with a potential boost from Donald Trump’s vocal support for Elon Musk’s vision, potentially positioning Tesla as the ultimate EV growth story under a business-friendly administration.
Gates initiated his short when Tesla appeared vulnerable, but the company’s strategic advancements—like its upcoming sub-$30k EV, ambitious robotaxi plans, and Elon Musk’s claim that Tesla will become “the world’s most valuable company by far”—now paint a very different picture.
With Tesla charging ahead, Gates may need to reconsider whether his bearish wager is still viable. Otherwise, this could prove to be one of the costliest calls of his investment career. As Tesla accelerates toward new milestones, Gates’ financial insurance—if any—might face its toughest test yet.
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Sources: Mint, NY Times
