Categories: Business

Musk declines Gates’ request to discuss philanthropy in new leaked texts

.

San Francisco, April 24 (MondayMirror.com) Tesla CEO Elon Musk has reportedly declined a meeting to discuss climate change philanthropy with Bill Gates because the latter admitted he still holds a short position on Tesla stock.

As per a series of leaked text messages, Gates was proposing a potential meeting with Musk “to discuss philanthropy possibilities,” but Musk was not willing to do so after Gates admitted he still has not closed out his short position on Tesla, reports Teslarati.

“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 Gates did hold a short position against Tesla, but he never truly confirmed whether he had any sort of investment in the automaker’s stock.

During a February 2021 interview with CNBC, Gates declined to talk about his position.

“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.

However, only a few days later in an interview, Gates shed more light on his position, basically admitting to shorting the stock.

Source: IANS

G7 Newz

Recent Posts

SUPVA Convocation Ceremony: 760 students received degrees, 35 honoured with gold medals

  Rohtak The second convocation ceremony of Dada Lakhmi Chand State University of Performing and…

21 hours ago

‘Gullak’ by Nitin Kapur makes financial planning easy for Indians

Rotarian and financial expert Nitin Kapur has authored ‘Gullak – Practical Mantras for Financial Planning,’…

5 days ago

Corrugated Box Industry in Crisis Due to Sharp Cost Surge Demands Price Revision&Policy Support

Corrugated box manufacturers in India have expressed serious concern over rising costs, calling it an…

6 days ago

Ageless Women Soirée celebrates unsung achievers; TWOS 26 Awards honour stories of strength &resilience

 In a heartfelt celebration of resilience, courage and silent achievement, the ‘Ageless Women Soirée’ brought…

6 days ago

BJP leader Akshay Sharma flags off free pilgrimage from Ward 62 to Khatu Shyam and Salasar Dham

BJP leader Akshay Sharma flags off free pilgrimage from Ward 62 to Khatu Shyam and…

7 days ago

Dhwani The Peace Awareness Campaign Kicks Off on International Noise Awareness Day

On the occasion of International Noise Awareness Day, an awareness campaign titled “Dhwani The Peace”…

7 days ago