Once Tesla fully solves [self-driving] autonomy and has Optimus in volume production, anyone still holding a short position will be obliterated. Even Gates.
Tesla's stock surged more than 17% in the last two trading days after reporting a smaller-than-expected 5% drop in vehicle deliveries for Q2.
Short sellers lost an estimated $3.5 billion on Tesla's stock surge, with short interest at 3.5% of float, or 97 million shares shorted.
Gates confirmed in 2022 that he shorted Tesla stock, while Musk holds a net worth of $252 billion compared to Gates' $158 billion.
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