Elon Musk Warns of Risks of Betting Against Tesla

Elon Musk recently made a powerful statement about the potential consequences for those who take short positions on Tesla. According to him, even someone as wealthy as Bill Gates could risk bankruptcy if Tesla becomes the most valuable company in the world.

This comment echoes previous reports that Microsoft co-founder Gates has bet billions of dollars against Tesla by taking a short position on its stock. However, Gates’ current status with Tesla stock remains unclear.

Tesla shares, meanwhile, have seen an impressive 60% gain since the last US election. This surge is partly attributed to Musk’s rapprochement with President-elect Donald Trump. Musk, now involved in the Trump administration, was tapped to co-lead the Department of Government Efficiency alongside entrepreneur Vivek Ramaswamy, increasing his influence over economic policy.