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Elon Musk tweets that he confronted Bill Gates about shorting Tesla

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CEO of Tesla Elon Musk says he confronted fellow billionaire Bill Gates about whether he was shorting Tesla’s stock. Musk is seen here at the Tesla Giga Texas manufacturing “Cyber Rodeo” grand opening party on April 7, 2022.

Suzanne Cordeiro | AFP | Getty Images

Elon Musk has accused Microsoft co-founder Bill Gates of shorting Tesla.

In a tweet on Friday, the Tesla CEO admitted that he asked Gates if he was short-selling shares of the electric carmaker. When investors short a stock, they are betting that the price of the asset will fall.

“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,” Musk…



Source cnbc.com

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