Elon Musk Issues Stern Warning to Tesla Short Sellers
Elon Musk recently sent a strong message to Bill Gates and other Tesla short sellers, cautioning them that they will face severe consequences. Musk has been a vocal critic of short selling and believes it contradicts investment principles.
Tesla has been a target for short sellers who speculate the company’s financial downfall. Despite some short-sellers abandoning their positions, many still hold on to their beliefs. Musk predicts more challenges for them as Tesla advances in autonomy solutions and introduces the Optimus humanoid robot.
On Twitter, Musk emphasized that once Tesla achieves full autonomy and mass produces the Optimus robot, short sellers, including Bill Gates, will face obliteration.
Tesla is set to take steps towards autonomy with the unveiling of its Robotaxi on August 8, although past product timelines have faced delays. Tesla remains a pioneer in semi-autonomous driving technology, with Autopilot and Full Self-Driving continually improving through accumulated miles driven by its neural network.
Following strong quarterly delivery results, Tesla’s stock has surged over 9% today and almost 30% in the past month. Over the last five years, Tesla stock has skyrocketed more than 1,300%.
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