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Elon Musk declined Bill Gates’ meeting request to discuss climate change philanthropy, leaked texts reveal

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Tesla CEO Elon Musk reportedly declined a meeting with Bill Gates to discuss climate change philanthropy because the latter admitted to still holding a short position in Tesla stock.

According to a series of leaked texts, Bill Gates proposed a meeting with Elon Musk “to discuss philanthropic possibilities,” but Musk was unwilling to do so after Gates admitted he had not closed out his short position in Tesla.

“Sorry, but I cannot take your philanthropy on climate change seriously when you have a massive short position against Tesla, the company doing the most to solve climate change,” Musk replied to Gates, declining the invitation.

There were rumours that Gates had a short position against Tesla, but he never confirmed whether he had any stake in the automaker’s stock.

Gates declined to discuss his position in a February 2021 interview with CNBC.

“Yeah, I’m not, I don’t talk about my investments, but I think he should be very proud of what he’s done,” the Microsoft co-founder said earlier.

Only a few days later, in an interview, Gates revealed more about his position, essentially admitting to shorting the stock.

About the author

Brendan Byrne

While studying economics, Brendan found himself comfortably falling down the rabbit hole of restaurant work, ultimately opening a consulting business and working as a private wine buyer. On a whim, he moved to China, and in his first week following a triumphant pub quiz victory, he found himself bleeding on the floor based on his arrogance. The same man who put him there offered him a job lecturing for the University of Wales in various sister universities throughout the Middle Kingdom. While primarily lecturing in descriptive and comparative statistics, Brendan simultaneously earned an Msc in Banking and International Finance from the University of Wales-Bangor. He's presently doing something he hates, respecting French people. Well, two, his wife and her mother in the lovely town of Antigua, Guatemala.




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