Why did Elon Musk warn Bill Gates? Will he be able to annihilate Microsoft's founder? Know controversy in detail (2024)

Synopsis

Elon Musk hopes that he will be able to transform Tesla into an AI giant with a net worth of $30 trillion and he wants to change from selling EVs to operating a lucrative fleet of robotaxis and humanoid robots.

Why did Elon Musk warn Bill Gates? Will he be able to annihilate Microsoft's founder? Know controversy in detail (1)

The rivalry between Tesla CEO Elon Musk and Microsoft co-founder Bill Gates has come to the fore once again. Warning the billionaire entrepreneur known for launching the Windows software, the SpaceX CEO said that he must not trifle with him again. Taking to social media platform X, Musk said that Bill Gates may be annihilated if he makes any further attempt to bet against Tesla, reports 'Fortune.' He wrote on his X account, "Once Tesla fully solves autonomy and has [its droid] Optimus in volume production, anyone still holding a short position will be obliterated,” he posted to social media on Tuesday. “Even Gates.”

Musk refuses to support Gates' philanthropy

The rivalry between the two billionaire businessmen goes back to 2022 when Elon Musk refused to support Bill Gates' charitable work after he came to know that the latter still had a half billion dollars riding on a wager the Tesla stock price would fall. Musk wrote in a message that he cannot take his philanthropy on climate change seriously when he has a massive short position against Tesla, the company doing the most to solve climate change.

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Once Tesla fully solves autonomy and has Optimus in volume production, anyone still holding a short position will be obliterated. Even Gates.
— Elon Musk (@elonmusk) July 2, 2024

Will Musk be able to annihilate Gates?

It is not clear whether Gates still has a position in the stock. On the other hand, Musk's claim to annihilate Bill Gates appears to be far-fetched because Tesla has not been performing well financially.

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Tesla sales come down

It is interesting to note that Tesla vehicle sales came down 6.6% in the first half of the year. Tesla's Cybertruck has failed to meet buyers' high expectations, and the company left its target of boosting volumes from 1.8 million EVs last year to 20 million by 2030.

Tesla: From cars to humanoid robots

According to 'Fortune', Elon Musk hopes that he will be able to transform Tesla into an AI giant with a net worth of $30 trillion and he wants to change from selling EVs to operating a lucrative fleet of robotaxis and humanoid robots.

Tesla has also said that it somehow stopped an even steeper decline in Q2 vehicle sales by liquidating inventory. Besides, now he has spare battery cells which he could use in his stationary energy storage business. It will double its already record Q1 volume to 9.4 gigawatt hours deployed.

FAQs:

Why did Elon Musk not back Bill Gates' philanthropy?
Elon Musk said that he cannot take Bill Gates's philanthropy on climate change seriously when he has a massive short position against Tesla, the company doing the most to solve climate change.

What are Elon Musk's plans for Tesla?
Elon Musk has planned to transform Tesla from an EV manufacturer to an AI giant with a net worth $30 trillion and he wants to change from selling EVs to operating a lucrative fleet of robotaxis and humanoid robots.

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