Elon Musk says Bill Gates has $500M short against Tesla

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10 points·htk··7 comments

I find it really annoying that people--including notably and particularly Elon--are trying to make this sound like some kind of attack on efforts to stop climate change as opposed to merely a statement about whether Tesla, as a single player in a growing ecosystem of electronic vehicles, is or isn't over-valued.

Not surprised, Elon and Tesla's prominence came about on social media, he is an expert manipulator and attention diva.

Not sure how shorting Tesla stock creates value. Yes, Danny Hillis demonstrated how introducing parasites can drive an evolutionary algorithm past a relative maxima [1]. Is Tesla at a relative maxima, or still scaling? Moreover, why is Gates wasting his time as a parasite?

[1] https://www.sciencedirect.com/science/article/abs/pii/016727...

Because you have a short doesn't mean that you don't also have a positive position? Sell high and buy low at the same time

> Sell high and buy low at the same time

Maybe there is a damping function in that. All I've read is the rumored short.

Either way, playing a zero-sum game still seems at odds with value creation. Blue shift versus red shift mindset. Based on past value creation, with MSFT and a crucial investment in Apple, Gates shorting a company seems out of character.

> Either way, playing a zero-sum game still seems at odds with value creation.

Tesla is very volatile... if you sell at all-time-high and buy shorts at the same time doesn't seem very risky

Yes. I played that game for a while: shifting value around. Making value is more satisfying. No judgement; merely personal preference.

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