On Tuesday, Tesla (NASDAQ:)’s CEO Elon Musk made a bold statement about the potential consequences for anyone holding a short position against his company. Musk suggested that even someone with the wealth of Bill Gates could face bankruptcy if Tesla becomes the most valuable company in the world. The context of Musk’s claim is rooted in past reports that Gates, the Microsoft (NASDAQ:) co-founder, had taken a multi-billion dollar short position in Tesla. However, the current status of Gates’s position on Tesla’s stock is not known.
Tesla’s shares have experienced a significant surge, increasing by 60% since the U.S. election results. This rally is partly attributed to Musk’s burgeoning relationship with President-elect Donald Trump….
