News

Bill Gates Strikes Back at Elon Musk, Announces $333 Million Offer to Buy X—Musk’s Immediate Reaction Shakes the Internet!

Elon Musk, the CEO of Tesla, is known for making headlines with his social media statements. In a recent post on X, Musk made a bold claim, stating that if Tesla becomes the world’s most valuable company, even billionaire Bill Gates, co-founder of Microsoft, could potentially go bankrupt. The statement has reignited the long-standing feud between Musk and Gates. The conflict dates back to 2022 when Gates allegedly suffered a significant loss of $1.5 billion due to his short position on Tesla’s stock.

Musk posted on X, “If Tesla does become the world’s most valuable company by far, that short position will bankrupt even Bill Gates.” Musk’s statement was a response to an X user, Teslaconomics, who shared an old tweet from him. In the 2023 tweet, the CEO stated that taking a short position against Tesla, as Bill Gates did, would only yield the highest return if Tesla were to go bankrupt. Musk also claimed Gates had placed a massive bet on Tesla’s demise during a vulnerable period for the company. He further asserted that such a large short position can drive the stock price down, affecting everyday investors.

“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,” the tweet read further.

When asked about his investment during a 2021 CNBC interview, Gates chose not to comment on his positions but instead praised Tesla’s achievements, saying “What Elon’s done with Tesla is fantastic”.

Taking a short position is a stock market strategy where an investor borrows shares they don’t own, sells them at the current price, and then aims to buy them back later at a lower price. The investor profits from the difference between the initial sale price and the lower purchase price, essentially betting on the stock’s decline.

Elon Musk’s assertion comes as Tesla’s current market capitalization is approximately $1.251 trillion, substantially lower than Apple’s $3.729 trillion. To surpass Apple and become the world’s most valuable company, Tesla would need to experience a remarkable growth of nearly 200%.

Related Posts

BREAKING NEWS: President Donald Trump demands prosecution of Taylor Swift, Joe Biden, Barack Obama, Kamala Harris, Oprah Winfrey, Al Sharpton, Bruce Springsteen, Stephen Colbert, and Beyoncé after receiving a series of damning pieces of evidence…

In a fiery address at a weekend rally in Phoenix, Arizona, United States President Donald J. Trump delivered one of his most blistering speeches yet, demanding that some…

30 minutes ago: FBI Deputy Director Dan Bongino declared that a massive investigation is underway behind the scenes, targeting the ‘deep state’ — ‘It’s far more terrifying than we ever imagined.’ It’s time to bring the one and only truth to light

In recent times, the rise of digital technologies has transformed nearly every aspect of modern life. From the way we communicate to how we access information, the internet…

U.S. Defense Secretary faces new trouble after Donald Trump’s statement about Obama.

According to US media sources, Minister Defense Minister Pete Hegseth created another chat group on the Signal application, with the participation of his wife and brother, sharing the…

OBAMA GOES NUTS After Sen. Kennedy EXPOSES Foundation Fraud! Senator Kennedy just dropped a bombshell that rocked Washington — revealing allegations of financial irregularities in the Obama Foundation. Barack Obama’s furious reaction was caught on camera, stunning the entire room

Senator John Kennedy, known for his sharp wit and unrelenting scrutiny, ignited a firestorm in Washington with a stunning revelation about alleged financial irregularities within the Obama Foundation….

BBC News reports: 40 minutes ago! Prince Andrew has sparked media fury after being found unconscious in a private room at his home in Texas after King Charles ordered

BREAKING TODAY: KING CHARLES FURIOUS OVER CHINESE SPY SCANDAL INVOLVING PRINCE ANDREW — ROYAL TENSIONS HIT BOILING POINT! In a shocking turn of events, King Charles, 76, is…

CEO Andy Byron suddenly turns the tables. He presents evidence that he and his wife are divorcing, and HR Director Christine Cabot has also separated from her husband: “WE ARE INNOCENT, I WILL SUE EVERYONE INVOLVED”

CEO Andy Byron turns the skewer with divorce reversal and explains the legal war to the applicants In a surprising turn of the events that the corporate world…

Leave a Reply

Your email address will not be published. Required fields are marked *