Rich Man Elon Musk confronts Rich Man Bill Gates about shorting Tesla stock
A Twitter story by Elon Musk does not involve him possibly owning this website.
To confirm rumors that he turned down a job with Bill Gates, the Tesla CEO took to Twitter (home to many poor tweets). An account called Whole Mars Catalog published several screenshots that allegedly showed a text exchange between Musk and Gates.
Tesla’s recent stock slump has been a cause of concern for many investors. Some have suggested that Bill Gates may have had a role in it. Gates is the founder of Microsoft and is now a major investor in Tesla. He allegedly sold off a large amount of Tesla stock right before the price drop. Tesla has denied any involvement by Gates and insists that the stock slump was due to other factors.
Musk asks Gates about his $500 million short positions in Tesla stock. Investor-speak means that Gates would be financially benefited if Tesla’s price falls. This is in contrast to traditional investing methods such as investing money in a stock and hoping it succeeds. Gates confirms that he does. Musk quickly shuts down the conversation to discuss the possibility of them doing philanthropic work together.
In an email to Bill Gates, Elon Musk outlined his thoughts on how to make humanity a multi-planetary species. He believes that the key is to create a self-sustaining civilization on Mars that can eventually support itself. This would require large amounts of money and innovation, but Musk is confident that it can be done. He also urged Gates to get involved in the project, as he has the resources and knowledge to make it happen.
Musk made it clear in his original post that the authenticity of the texts had not been confirmed. However, he did what Musk does and hopped in. It was true, but he didn’t leak it. (Mashable hasn’t confirmed the authenticity).
What does all this mean for me and you? It doesn’t really mean much. Musk is just being messy about an alleged conversation between him and another man who is insanely wealthy. This is probably what wealthy people debate about. It might be smart to think about the possibility that these texts may not be real, given Musk’s knowledge. You never know.
If the screenshots are true, then the biggest conclusion is Bill…green text? Really? You’re a man, come on.
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