Elon Musk, the world’s richest man, said that Microsoft co-founder Bill Gates could face bankruptcy under certain circumstances involving Tesla, the electric vehicle company Musk leads.
Musk wrote on X, “If Tesla does become the world’s most valuable company by far, that short position will bankrupt even Bill Gates.” This comment has reignited their long-standing feud over Gates’ alleged short position in Tesla stock.
Musk’s response followed a reshared tweet from a user (Teslaconomics), highlighting Musk’s previous explanation of short selling and Gates’ position.
Musk explained, “Just so that the public understands: Taking out a short position against Tesla, as Gates did, results in the highest return only if a company…