Financier Makes Multibillion-Dollar Bet Against Tesla and Musk

Elon Musk doesn’t like investors and financiers betting on Tesla’s stock market collapse.

Last May, the richest man in the world attacked Bill Gates, who was previously the richest man in the world, because the Microsoft (MSFT) co-founder had a $500 million short position against Tesla (TSLA) . Short selling stocks is a gamble that the price will fall.

“Sorry, but I can’t take your climate change philanthropy seriously if you have a huge short position against Tesla, the company doing the most to solve climate change,” Musk recently wrote to Gates. It was the end of a discussion the two billionaires had about working together for common goals.


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