00:00 It's Benzinga and here's what's on the block.
00:02 - In an excerpt from Walter Isaacson's biography
00:05 of Elon Musk, Bill Gates thought Elon Musk
00:07 became super mean after finding out Gates
00:10 shorted Tesla stock in early 2022.
00:13 When Gates followed up with Musk again in April 2022
00:15 to discuss philanthropy,
00:17 Musk shot back that he could not take Gates'
00:19 climate philanthropy seriously
00:21 since Gates had a $500 million short position against Tesla.
00:25 Gates said he took the short position
00:27 as a business decision,
00:28 expecting that electric vehicle supply
00:30 would soon outpace demand.
00:32 Both Gates and Musk were two of the biggest
00:34 philanthropic donors in 2022,
00:37 with Gates donating $5 billion
00:39 and Musk donating $1.9 billion.
00:41 - For all things money, visit Benzinga.com.
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