Tesla stock: Bill Gates hits back at Musk over Tesla shorts dispute

The feud between the Tesla boss and the Microsoft founder has been going on for a long time
Musk criticizes Gates’ Tesla shorts
Bill Gates defends himself in BBC interview

No love was lost between Tesla boss Elon Musk and Microsoft founder Bill Gates. Again and again there are smaller and larger clashes between the two visionaries, with Musk often handing out different memes below the belt line. The feud between the two recently reached a new level when Tesla CEO Twitter accused Gates of shorting Tesla shares while claiming he was fighting climate change.

The background is speculation that the Microsoft founder sold short Tesla shares worth 500 million US dollars. In response to these rumors, Musk asked Gates via private message whether the rumors were true. The news has since been leaked and Musk confirmed it as real in a tweet.

The Microsoft founder then confirmed that he owned Tesla shorts and offered to work with Musk on philanthropic projects, which the Tesla CEO declined, according to the leaked news, saying: “Sorry, but I can’t take your climate change philanthropy seriously if you also have a huge short position in Tesla, the company doing the most to fight climate change.”

Gates denies allegations by Elon Musk

However, Gates has now defended himself against this accusation in an interview with the BBC. When asked about the Tesla shorts he owned, the Microsoft founder replied: “It has nothing to do with climate change. I have ways and opportunities to diversify.” Accordingly, it is also incorrect that his short position on Tesla would have a negative impact on the fight against climate change: “The popularity of electric cars will lead to more competition in selling these cars. So there is a difference between the acceptance of electric cars and companies whose valuations go on forever”.

Bill Gates was relaxed about the insults he often received from the jack of all trades: “He doesn’t have to be nice to me”. However, the philanthropist remained undecided about the likely takeover of Twitter by the Tesla CEO: “You know, Elon, I think it’s possible that Twitter could get worse. But it could also get better, so my attitude is to wait and see.” .

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