03.07.2024 23:16:51 - dpa-AFX: Elon Musk Warns Bill Gates, Tesla Short Sellers

WASHINGTON (dpa-AFX) - Tesla (TSLA) CEO Elon Musk has sent a warning to Bill
Gates and the EV maker's short sellers for holding a position against the
company.

'Once Tesla fully solves autonomy and has Optimus in volume production, anyone
still holding a short position will be obliterated,' Musk posted on X/Twitter.
'Even Gates.'

The short sellers reportedly believed that the company is on the verge of
financial decline.

The company expects to ramp its production of Optimus humanoid robot.

Also, Musk stated about the unveiling of a new 'CyberCab' robo-taxi model on
August 8th during a public event.

Future Fund Managing Partner Gary Black also took to X/Twitter to support
Tesla's future position.

'Anyone short $TSLA needs to have their head examined.' Black wrote.

He stated that Tesla's project to launch Optimus robots will give the company a
market capitalization of $20 to $25 trillion.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
Tesla A1CX3T NASDAQ 251,460 05.07.24 23:31:23 +5,070 +2,06% 251,010 251,200 249,810 251,520

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