Tesla CEO Elon Musk wrote on X (formerly Twitter) that Microsoft co-founder Bill Gates might go bankrupt if Tesla becomes “the world’s most valuable company by far,” reigniting the feud over Gates’ short position against the electric vehicle giant. At present, Tesla’s market capitalization sits at $1.251 trillion, trailing far behind Apple Inc. – the world’s largest company, which leads at $3.729 trillion. For Tesla to claim the top spot, it would need to grow by nearly 200%.
In the post on X, Musk wrote “If Tesla does become the world’s most valuable company by far, that short position will bankrupt even Bill Gates”.
What is short position
Short position here refers to a stock market strategy where an investor…
