Elon Musk, the billionaire CEO of Tesla, recently poked fun at Bill Miller, a well-known investor who shorted Tesla’s stock when it was lower. Musk tweeted that Miller was “carrying out his life’s work” by betting against Tesla. The tweet included a cartoon image of Miller with a speech bubble that read “I love when Elon takes my money.”
The tweet was a playful jab at Miller, who famously shorted Tesla’s stock back in 2013 when it was trading at just $30 a share. Miller later admitted that his bet against Tesla was a mistake, as the company’s stock has since skyrocketed to nearly $900 a share.
While Musk’s tweet was lighthearted, it underscores the ongoing debate over Tesla’s valuation. Some investors believe that Tesla’s stock is overvalued, given that the company has yet to turn a profit consistently. Others argue that Tesla’s strong brand, innovative technology, and ambitious growth plans make it a worthy investment.
Whatever your opinion on Tesla, there’s no denying that Elon Musk is one of the most dynamic and influential figures in the tech industry today. Whether he’s launching rockets into space or trolling short-sellers on Twitter, Musk is always making headlines and capturing people’s attention.
In conclusion, Elon Musk’s recent tweet poking fun at Bill Miller’s shorting of Tesla’s stock is a reminder of the ongoing debate over the company’s valuation. While Musk’s tweet was playful, it underscores the passion and controversy that surround Tesla and its charismatic CEO. Love him or hate him, there’s no denying that Elon Musk is one of the most fascinating and polarizing figures in business today.
Quick Links