So it’s been confirmed that Lord Bill Gates Shorted Tesla with the use of ‘leaked Tweets’ between Elon Musk and Bill Gates.
The importance of all of this is, it proves the story of Tesla’s Meteoric Rise by playing off the back of Big Money trying to destroy Tesla through Short Selling. You can read that article here.
The leaked messages;
At which Lord Elon Musk, one of the two parties involved, confirmed the authenticity;
“Do you still have a half billion dollar short position against Tesla?”
“Sorry to say I haven’t closed it out”
And as added insult to injury about 18 minutes later, Lord Musk tweeted;
The only real takeaway is that really really rich people and many others have tried shorting Tesla to oblivion. They could do this to Tesla, and they can do it to any other publicly listed stock, and they could make a lot of money from shorting viable companies to the ground based on their whim. That’s how fucked the equities market is, and how fucked stocks are.
Of course, in the case of Tesla, it only fueled Lord Musk to fight back and reinvent ways to destroy short sellers which ended up giving Tesla investors and Tesla itself a lot more valuation. Meaning Tesla’s valuation went through the roof, this also resulted in giving a massive net worth boost in Lord Musk.
If you’re fighting a financial war against the richest people in the world, and the rich people lose, turns out, you get rich as fuck. That’s how finances work, it’s basically a zero sum game.
And also, while we’re at it, Billionaires are practically a different class of people. Hence calling them ‘lord’, because -I mean *points to society around you*
*Not Valid Financial, Legal, Life, or Any Advice