• News
  • Film and TV
  • Music
  • Tech
  • Features
  • Celebrity
  • Politics
  • Weird
  • Community
  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • LADbible
  • SPORTbible
  • GAMINGbible
  • Tyla
  • UNILAD Tech
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Threads
TikTok
YouTube
Submit Your Content
Elon Musk warns Bill Gates could go bankrupt if Tesla meets this one condition

Home> News> Money

Updated 17:44 11 Dec 2024 GMTPublished 17:43 11 Dec 2024 GMT

Elon Musk warns Bill Gates could go bankrupt if Tesla meets this one condition

The pair have never been the best of friends...

Callum Jones

Callum Jones

Elon Musk has warned Bill Gates could go bankrupt in the future if Tesla meets one condition.

They are two of the most powerful and richest men on the planet, but they often don't seen eye to eye.

Back in April 2022, Musk said he refused a philanthropy request from Gates over the stock shorting incident, which was revealed by screenshots of a text exchange between the pair.

The Tesla CEO asked Gates if he still had a ‘half billion dollar short position against Tesla’, to which the Microsoft founder replied: "Sorry to say I haven’t closed it yet […] I would like to discuss philanthropy possibilities."

Advert

Musk says he couldn’t take Gates’ climate change philanthropy ‘seriously’ when he has a ‘massive short position against Tesla, the company doing the most to solve climate change’.

Elon Musk thinks Bill Gates could go bankrupt (Sean Gallup/Getty Images)
Elon Musk thinks Bill Gates could go bankrupt (Sean Gallup/Getty Images)

There were understandably questions on if the screenshots were real, to which Musk replied: "Yeah, but I didn’t leak it to NYT. They must have got it through friends of friends. I heard from multiple people at TED that Gates still had half billion short against Tesla, which is why I asked him, so it’s not exactly top secret."

Gates had since apologised to Musk over the incident, though their relationship has seemingly never recovered from that situation.

Advert

Now, the Twitter (X) owner has claimed he could make Gates bankrupt if the Tesla stock surges 200 per cent.

The comment from Musk came after a Twitter user posted a screenshot of a tweet the billionaire posted on his social media platform in 2023.

It reads: “Just so that the public understands: Taking out a short position against Tesla, as Gates did, results in the highest return only if a company goes bankrupt!

“Gates placed a massive bet on Tesla dying when our company was at one of its weakest moments several years ago. Such a big short position also drives the stock down for everyday investors.

Advert

Musk made the claims on Twitter/X (Anna Moneymaker/Getty Images)
Musk made the claims on Twitter/X (Anna Moneymaker/Getty Images)

“To the best of my knowledge, Gates *still* has that massive bet against Tesla on the table. Someone should ask him if he does.

“The lack of self-awareness and hypocrisy of Gates who had the nerve to ask me to donate to his mostly window-dressing environmental causes, while simultaneously aiming to make $500M from Tesla’s demise, boggles the mind…”

Musk then added: "If Tesla does become the world’s most valuable company by far, that short position will bankrupt even Bill Gates."

Advert

If Tesla's stock was to surge by 200 per cent, it would make the car giant the most valuable company in the world, overtaking Apple.

Featured Image Credit: Apu Gomes/Getty/Michael Loccisano/Getty

Topics: Elon Musk, Bill Gates, Tesla, Microsoft

Callum Jones
Callum Jones

Advert

Advert

Advert

Choose your content:

6 hours ago
7 hours ago
8 hours ago
9 hours ago
  • 6 hours ago

    Ex-pilot of B-2 stealth bomber reveals disturbing truth of going to toilet on 44-hour mission

    Air Force colonel Melvin Deaile had to go for a wee every 60 minutes

    News
  • 7 hours ago

    People left stunned as woman breaks down exactly how much it costs to give birth in America

    You could put deposits down on several houses for that!

    News
  • 8 hours ago

    Doctor gives 'deeply concerning' warning after man injected himself with sperm to 'cure back pain'

    A man self-medicated by injecting himself with his own semen to 'cure' his back pain

    News
  • 9 hours ago

    Rosie O’Donnell issues scathing response to all the celebrities who attended Jeff Bezos’ $56,000,000 wedding

    "Seeing all these billionaires gathering in the gross excess of it all. The show of it," she wrote on Instagram.

    Celebrity
  • Staggering amount Bill Gates would be worth if he lost 99% of wealth as he reveals who'll get his fortune
  • Elon Musk responds to Bill Gates after he accused him of 'killing the world’s poorest children'
  • Elon Musk doubles down on Trump criticism regarding 'utterly insane' bill that's 'political suicide'
  • Everyone's saying the same thing after clip of Elon Musk resurfaces claiming we're 'summoning the demon' with AI