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International Business Times UK
International Business Times UK
Niloy Chakrabarti

Elon Musk Urges Bill Gates to Close His Tesla Short Position or Risk Losing $1.5B

Bill Gates Elon Musk Tesla Inc. Walter Isaacson Microsoft X
Musk recently secured a $1 trillion pay package. (Credit: Gage Skidmore/Flickr CC BY-SA 4.0)

Tesla CEO Elon Musk has publicly urged Bill Gates to close his 'crazy short' position against Tesla, suggesting that if Gates does not do so soon, he could face a potential loss of $1.5 billion.

In a recent post on social media platform X, Musk stated: 'If Gates hasn't fully closed out the crazy short position he has held against Tesla for ~8 years, he had better do so soon.' The timing of when Gates initially shorted Tesla remains unclear. However, since April 2022, when Musk publicly discussed the exchange, Tesla's stock has seen substantial gains.

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