Tesla CEO Elon Musk said in a series of tweets on Friday that Bill Gates’ short position against his company would now require $1.5-2 billion USD to close out.
Last month, Musk confirmed that the Microsoft founder and fellow billionaire admitted to having a $500 million bet against Tesla. During an interview earlier this month, Gates dodged a question on whether he’s shorting Tesla.
“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,” Musk said in one of his tweets.
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
Musk reiterated in another tweet that Gates’ short position was $500 million originally, but added that it grew after Tesla “went up a lot.”
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
The celebrity billionaire’s comments were replies to tweets on a poll he posted asking who respondents trust less: politicians or billionaires. Over 75% of voters said they found politicians less trustworthy.
Musk also took a jab at new-age space race competitor Jeff Bezos, who owns SpaceX rival Blue Origin. “If he wants to get to orbit, less partying and more work would be advisable,” he said.
He’s fine, I guess. Does seem like he’s spending a lot of time in the hot tub these days.
If he wants to get to orbit, less partying and more work would be advisable.
— Elon Musk (@elonmusk) May 28, 2022
Last year, NASA chose Musk’s SpaceX over Blue Origin for a $2.89 billion contract to put astronauts back on the moon — a move the latter was rather sour about.
