Tesla’s CEO, Elon Musk, is one of the most talked-about people right now. He’s known for his wealth and his strong support for Donald Trump in the upcoming 2024 US Presidential Elections. Recently, Musk made some shocking comments about Bill Gates, the co-founder of Microsoft. Musk suggested that if Tesla’s stock price rises 200%, Gates might actually go bankrupt!
Why is this important? Well, Gates has been betting against Tesla by holding a short position, which means he makes money if Tesla’s stock decreases. If Tesla grows a lot, Gates could lose a lot of money.
Right now, Tesla is valued at around $1.251 trillion, which is a lot, but still less than Apple’s value. If Tesla’s stock jumps by 200%, it could actually become more valuable than Apple, which would add to the rivalry between Musk and Gates.
This ongoing competition between these two billionaire figures isn’t likely to end anytime soon!
Also, Did You Know?
– Nvidia’s market value has recently overtaken Apple, thanks to its AI technology!
– Microsoft is still a strong competitor to Tesla, fighting for the title of the most valuable tech company.
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