Topics

Posted 9/11/2023, 5:31:00 AM

Elon Musk Turns Super Mean to Bill Gates After Learning of Tesla Short Bet

Bill Gates took a short position against Tesla stock, betting its value would drop. When Elon Musk found out, he became "super mean" to Gates.
Musk shot down Gates' attempts to discuss philanthropy and donations after learning about the Tesla short position.
Gates said he shorted Tesla stock because he expected electric vehicle supply to outpace demand, leading to lower prices.
Gates tried to apologize and explain it was just a business decision, but Musk remained hostile.
Despite the negativity, Gates and Musk were the top two charitable donors in 2022, giving billions to their foundations.

businessinsider.com

Relevant topic timeline:

8/25/2023

Group of over 3,000 Tesla shareholders set for $12,000 payout over Elon Musk's 'funding secured' tweet

Tesla founder Elon Musk will pay back more than 3,000 investors approximately $12,397 each as part of a settlement over a lawsuit accusing him of defrauding investors with a tweet about taking the company private.

9/10/2023

Musk and Gates Clash Over Tesla Stock and Diverging Visions During Factory Visit

Elon Musk and Bill Gates clashed during a meeting in Austin, with Gates criticizing Musk's ideas about batteries, solar energy, and Mars colonization, and Musk accusing Gates of hypocrisy over his short position against Tesla.

9/11/2023

Elon Musk Gives Bill Gates the Cold Shoulder After Losing $500M Tesla Bet

Elon Musk was "super mean" to fellow billionaire Bill Gates after Gates purchased a short position on Tesla stock, resulting in Musk refusing a philanthropy request from Gates.

9/11/2023

Tesla Troubles Overlooked in Flattering Musk Biography

The biography "Elon Musk" by Walter Isaacson explores the life and achievements of the Tesla and SpaceX CEO, but fails to address controversial aspects such as his experiences with apartheid and allegations of discrimination, resulting in a one-sided portrayal of Musk as a visionary hero.

9/11/2023

Bill Gates and Elon Musk Trade Barbs Over Mars Colonization, Electric Trucks

Bill Gates expressed his disillusionment with Elon Musk's Mars colonization plans and lectured him on the feasibility of electric semi-trucks, leading to a strained relationship between the two billionaires.

9/11/2023

Elon Musk Feud with Bill Gates over Tesla Stock Short Reveals Billionaire Rivalry

Elon Musk publicly mocked Bill Gates on Twitter due to a clash over philanthropy and Gates shorting Tesla's stock, highlighting their differences and Musk's unique approach to adult behavior.

9/13/2023

Musk and Bezos: The Billionaire Space Race Rivals

Elon Musk's new biography reveals that he was upset with Jeff Bezos for not inviting him to tour Blue Origin's factory after Bezos toured SpaceX, leading to an awkward dinner and a long-standing feud between the two billionaires in the space race.

9/18/2023

UAW President Criticizes Musk as Greedy, Seeks Pay Raises from Automakers amid Unionization Push

The president of the United Auto Workers union has criticized Elon Musk and claimed that workers at companies like Tesla are struggling while CEOs like Musk profit.

10/1/2023

Twitter's New CEO Meets with Banks to Reassure Them After Chaotic Musk Takeover

Tesla CEO Elon Musk's disastrous acquisition of Twitter last year, funded by billions of dollars from his own pockets and Tesla shares, has led to plummeting revenues and ad dollars, leaving newly appointed CEO Linda Yaccarino with the daunting task of turning the platform around and addressing the growing debt.

10/3/2023

Tesla Faces Challenges as Stock Drops on Delivery Miss, Lawsuit, and Price Declines Despite New Feature and Some Optimism

Tesla stock faces new troubles as delivery numbers disappoint and sale prices decline, while CEO Elon Musk faces legal troubles over Twitter disclosure; however, analysts still back Tesla with a Moderate Buy rating and a 9.24% upside potential.

10/6/2023

Banks Frustrated by Twitter's Finances After Funding Musk's Buyout

Tesla CEO Elon Musk has a bargaining advantage with banks due to X's poor financial performance, and three lenders involved in Musk's deal to buy Twitter may have formed a group to protect themselves from potential chaos in a fire sale.

Topics

Posted 9/11/2023, 5:31:00 AM

Elon Musk Turns Super Mean to Bill Gates After Learning of Tesla Short Bet

Bill Gates took a short position against Tesla stock, betting its value would drop. When Elon Musk found out, he became "super mean" to Gates.
Musk shot down Gates' attempts to discuss philanthropy and donations after learning about the Tesla short position.
Gates said he shorted Tesla stock because he expected electric vehicle supply to outpace demand, leading to lower prices.
Gates tried to apologize and explain it was just a business decision, but Musk remained hostile.
Despite the negativity, Gates and Musk were the top two charitable donors in 2022, giving billions to their foundations.

businessinsider.com

Relevant topic timeline:

8/25/2023

Group of over 3,000 Tesla shareholders set for $12,000 payout over Elon Musk's 'funding secured' tweet

9/10/2023

Musk and Gates Clash Over Tesla Stock and Diverging Visions During Factory Visit

9/11/2023

Elon Musk Gives Bill Gates the Cold Shoulder After Losing $500M Tesla Bet

Elon Musk was "super mean" to fellow billionaire Bill Gates after Gates purchased a short position on Tesla stock, resulting in Musk refusing a philanthropy request from Gates.

9/11/2023

Tesla Troubles Overlooked in Flattering Musk Biography

9/11/2023

Bill Gates and Elon Musk Trade Barbs Over Mars Colonization, Electric Trucks

9/11/2023

Elon Musk Feud with Bill Gates over Tesla Stock Short Reveals Billionaire Rivalry

Elon Musk publicly mocked Bill Gates on Twitter due to a clash over philanthropy and Gates shorting Tesla's stock, highlighting their differences and Musk's unique approach to adult behavior.

9/13/2023

Musk and Bezos: The Billionaire Space Race Rivals

9/18/2023

UAW President Criticizes Musk as Greedy, Seeks Pay Raises from Automakers amid Unionization Push

The president of the United Auto Workers union has criticized Elon Musk and claimed that workers at companies like Tesla are struggling while CEOs like Musk profit.

10/1/2023

Twitter's New CEO Meets with Banks to Reassure Them After Chaotic Musk Takeover

10/3/2023

Tesla Faces Challenges as Stock Drops on Delivery Miss, Lawsuit, and Price Declines Despite New Feature and Some Optimism

10/6/2023

Banks Frustrated by Twitter's Finances After Funding Musk's Buyout