Home / News / World / BIll Gates has $2-billion short position against Tesla, claims Elon Musk

Back

BIll Gates has $2-billion short position against Tesla, claims Elon Musk

1 min read . Updated: 29 May 2022, 07:33 PM IST Sounak Mukhopadhyay

Bill Gates yawns as he watches Maria Sakkari of Greece play against Paula Badosa of Spain in their semifinal match on Day 12 of the BNP Paribas Open at the Indian Wells Tennis Garden on March 18, 2022 in Indian Wells, California. Clive Brunskill/Getty Images/AFP (AFP) — Bill Gates yawns as he watches Maria Sakkari of Greece play against Paula Badosa of Spain in their semifinal match on Day 12 of the BNP Paribas Open at the Indian Wells Tennis Garden on March 18, 2022 in Indian Wells, California. Clive Brunskill/Getty Images/AFP **(AFP)**

Elon Musk said, 'Since Gates still has a multi-billion dollar short position against Tesla while claiming to help with global warming, I guess I have some trust issues with him too.'

Elon Musk claims that Bill Gates has a multibillion-dollar bet against Tesla. During a Twitter conversation with his fans, Tesla CEO Elon Musk claimed it. He was responding to conservative author Brigitte Gabriel's tweet that she did not trust Gates. Musk said, "Since Gates still has a multi-billion dollar short position against Tesla while claiming to help with global warming, I guess I have some trust issues with him too."

Gamble replied to Elon Musk’s Twitter poll where the Tesla CEO asked his followers who they trusted more - billionaires or politicians. Elon Musk has a Twitter following of over 95 million people. Elon Musk's tweet received 53,000 likes, 12,000 retweets, and over 10 lakh votes within three hours of its posting.

Since Gates still has a multi-billion dollar short position against Tesla while claiming to help with global warming, I guess I have some trust issues with him too
— Elon Musk (@elonmusk) May 28, 2022

Elon Musk has previously stated that Bill Gates had a short position on Tesla. He earlier said that he had turned down Gates' offer of philanthropy, claiming that his refusal demonstrated that the Microsoft co-founder was not serious about combating climate change.

In interviews earlier in 2022, Gates indicated that he did have a bet against Tesla. However, he did not explicitly say that.

It was $500M, but then Tesla went up a lot, so now it’s $1.5B to $2B to close it out
— Elon Musk (@elonmusk) May 28, 2022

Elon Musk had previously held a Twitter survey in which he asked his followers whether they trusted "politicians" or "billionaires" less, with 76 percent of the 3.4 million participants selecting for "politicians."

Musk also challenged Democrat Congresswoman Alexandria Ocasio-Cortez to pose the same question to her own followers, while others wanted to hear Musk's thoughts on other billionaires.

In April, Elon Musk made a $44 billion offer to buy Twitter. Weeks before the offer, Musk asked Twitter followers to see if they wanted an edit button. He asked people on Twitter in 2021 if they believed he should sell a 10% stake in Tesla, and the majority answered yes.

ABOUT THE AUTHOR

Sounak Mukhopadhyay

Sounak Mukhopadhyay, who also goes by the name Sounak Mukherjee, has been producing digital news since 2012. He's worked for the International Business Times, The Inquisitr, and Moneycontrol in the past. He's also contributed to Free Press Journal and TheRichest with feature articles. He covers news for a wide range of subjects including business, finance, economy, politics and social media. Before working with digital news publications, he worked as a freelance content writer.