Musk and Gates Clash Over Tesla Stock and Diverging Visions During Factory Visit
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Musk gave Gates a tour of his Tesla factory, but they clashed over Musk's focus on batteries and Mars. Gates felt Musk was "overboard" on Mars.
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Gates had shorted Tesla stock, betting it would go down. He lost $1.5 billion. Musk was furious about the short position.
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Gates suggested philanthropy projects to Musk, who felt most philanthropy was "bullshit." Gates promised to detail project ideas.
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After the visit, Gates sent Musk a paper on philanthropy options. Musk only asked if Gates still had a short position.
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Though frustrated with Musk, Gates later defended him, saying no one has done more than Musk to push innovation.