Bill Gates admits to shorting Tesla, Musk sighs
Bill Gates admits to shorting Tesla, Musk sighs, chat records leaked on Twitter in April show Musk has refused to work with Gates on philanthropy or climate change initiatives as the latter sought to profit from falling Tesla stock prices. Bill Gates admits to shorting Tesla, Musk sighs. Bill Gates admits to shorting Tesla, Musk sighs 1
There has been constant friction between the former world's richest man and the current world's richest man.
On May 27, local time, Musk, the world’s richest man and Tesla CEO, posted on social platforms, “While Bill Gates claims to help solve the problem of global warming, he spends billions of dollars Shorting Tesla." In response, Bill Gates, the former world's richest man and co-founder of Microsoft, responded in a recent interview: "Those who shorted Tesla stock did not drag him down or hurt him in any way."
Gates responded
Gates said in an interview recently, "Tesla has done a great job. But I have invested more in climate change than Musk or others. More than anyone else."
Musk then responded with a sigh following the report of the above interview.
On May 27, local time, Musk posted on social platforms: "I have some trust issues with Gates."
Musk also said that Bill Gates Bill Gates' initial short position on Tesla was only US$500 million, but as Tesla's stock price rose, Bill Gates now needs US$1.5 billion to US$2 billion to close his position.
According to media reports, when Bill Gates was asked whether he was shorting Tesla last year, he said he would not discuss his personal investment.
In addition to being accused of holding a short position, Bill Gates's boycott of Musk's acquisition of Twitter has also attracted attention. Recently, Bill Gates donated hundreds of millions of dollars to 11 organizations to resist Musk's acquisition of Twitter. The organizations sent a signed letter to Twitter advertisers saying they would boycott the platform if Musk changes the way Twitter content is moderated. Musk once forwarded the report and said: "What a stupid move!"
Tesla short sellers have made a profit of 54.6 billion yuan
Since the beginning of 2022, as U.S. inflation soars and the Federal Reserve begins an interest rate hike cycle, coupled with the impact of events such as Russia and Ukraine, U.S. technology stocks have suffered heavy losses. According to data, the Nasdaq index has fallen by more than 23 points since the beginning of the year, and Tesla has fallen by more than 33 points during the same period.
Data from data provider Ortex shows that as of the close of U.S. stocks on May 26, short sellers have gained $62.5 billion (approximately RMB) from the Nasdaq 100 Index, which is dominated by technology stocks, this year. 417 billion) of realized and unrealized gains.
Among them, Tesla’s short-selling profits amounted to US$8.2 billion (approximately RMB 54.6 billion).
Musk clarifies Tesla’s statement on layoffs
On June 3, there was news that Tesla planned to lay off 10 people and suspend global recruitment. Tesla's stock price fell by more than 9%.
On June 4, Musk clarified his previous stance on Tesla’s layoffs when answering investor questions on social platforms. Musk said: "The total number of Tesla employees will still increase in the next 12 months, but the number of employees receiving fixed salaries will remain the same."
However, some investors believe that the above clarification is a clarification of the special situation. Tesla market performance is a kind of "fire-fighting" behavior.
It is reported that Tesla launched two rounds of layoffs from the second half of 2018 to the beginning of 2019, with the layoff ratios being 7 and 9 respectively. Since then, Tesla has experienced two years of rapid growth and has restarted staff expansion. According to Tesla’s annual report, the number of Tesla employees has doubled since the end of 2019. About 39 of Tesla's approximately 100,000 workers are production line employees.
Bill Gates admitted to shorting Tesla, Musk sighed 2
According to news on June 5, Microsoft co-founder Bill Gates admitted in an interview that he had indeed shorted Tesla. Tesla stock, but argued it didn't hurt Elon Musk.
Leaked chats on Twitter in April showed that Musk had refused to work with Gates on philanthropy or climate change initiatives as the latter sought to profit from Tesla's stock price decline. Musk also said it contradicted Gates' desire to fight climate change and that he should support Tesla's electric vehicles moving forward.
But in an interview with the French YouTube channel "Hugo Decrypte" (Hugo Decrypte), Gates defended his actions. He said Tesla does not lack funding and that the company has done a lot of "great work." He also praised Tesla’s cars as being great.
However, Gates said he has invested far more money in fighting climate change than Musk or anyone else. He explained that vehicle emissions only account for 16%, and the other 84% also need to be reduced as soon as possible. Although he acknowledged that Musk has "done a great job."
Gates added: "Having someone short Tesla stock will not drag him down or hurt him in any way."
Musk then responded with a sigh under the tweet reporting Gates' interview: "Hey!"
At the end of May, while chatting with fans on Twitter, Musk said that Gates' Tesla Short bets may have ballooned, with the company needing about $1.5 billion to $2 billion to cover its short positions.
On Friday local time in the United States, Tesla’s stock price closed at 9.22, closing at $703.55 per share. Bill Gates admits to shorting Tesla, Musk sighs 3
One is the former richest man in the world, and the other is the current richest man in the world. It must be a big show for the two to fight each other across the air.
Not long ago, Musk publicly spoke out about Gates’ short selling of Tesla stock. He posted on social platforms, “Bill Gates claims to help solve the problem of global warming. Billions of dollars to short Tesla."
Regarding this matter, Gates responded in the latest interview: "Tesla has done a great job on climate change. Musk or anyone else. He's doing a good job, but the people shorting the stock are not dragging him down or hurting him in any way." Musk later tweeted about Gates' interview. The reply below said: "Hey!".
What’s interesting is that this is not the first public friction between the two big guys. From their previous attitudes towards the epidemic, their views on electric trucks, and even their views on artificial intelligence, both There are big differences.
But the relationship between the two has always been very subtle. Although they often have different opinions, they are still okay on the surface. However, since Musk announced the acquisition of Twitter, the two have The relationship is not so harmonious, and Gates even organized a foundation to donate hundreds of millions of dollars to hinder Musk.
Gates once said about the acquisition that although Musk has achieved outstanding results in both Tesla and SpaceX, operating social media is not his strong point.
It was even mentioned: "He might have made things worse."