• 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:

11 mins ago
29 mins ago
an hour ago
  • Instagram/@flynoaa
    11 mins ago

    Everyone’s saying the same thing after seeing ‘insane’ cockpit footage of pilots flying into eye of Hurricane Melissa

    The NOAA Hurricane Hunters are truly dedicated to their craft...

    News
  • Facebook/Holly Hill
    29 mins ago

    Mom of woman, 30, who died two years after drinking margarita has message for restaurant

    Holly Hill's drink was apparently laced

    News
  • YouTube/LADbible Stories
    an hour ago

    Famous physicist Brian Cox reveals what he believes is really inside of Area 51

    The British physicist might have just shared one of the realest answers the public has ever received

    Technology
  • Bruce Glikas/Bruce Glikas/FilmMagic via Getty Images
    an hour ago

    Troubled past of Rosie O'Donnell's daughter Chelsea explained amid prison sentence

    Chelsea O'Donnell is set to serve jail time, but her past has been anything but smooth sailing

    Celebrity
  • Elon Musk responds to Bill Gates after he accused him of 'killing the world’s poorest children'
  • Staggering amount Bill Gates would be worth if he lost 99% of wealth as he reveals who'll get his fortune
  • Reason why Tesla just offered Elon Musk $1,000,000,000,000
  • Bill Gates slams Elon Musk's venture into politics after he was accused of giving 'Nazi salute' at Trump rally