Image Gates & Musk

Musk Calls Gates Out

Tesla Motors, the world's first wildly successful electric car manufacturer, is Elon Musk's brainchild. Tesla's success has made Elon the richest man on earth and, in the process, has made Bill Gates and other short-sellers eat crow. Furthermore, Tesla's success has outed Gates. Far from being a climate-change devotee, Gates' hypocrisy has been exposed for the world to see. During a recent exchange between Musk and Gates, he was called out on this.

Musk - "Do you still have a half-billion-dollar short position against Tesla?"

Gates - "Sorry to say I haven't closed it out. I would like to discuss philanthropy possibilities."

Musk - "Sorry, I cannot take your philanthropy on climate change seriously when you have a massive short position against Tesla, the company doing the most to solve climate change."

That did seem strange to me. So why would Bill Gates, on the surface, along with the World Economic Forum, one of the most vocal proponents of reversing climate change, be secretly short-selling Tesla stock?

An even larger question is why Tesla was the most shorted stock in history, as Musk has stated.

First, the claim of "most shorted stock in the stock market history" is not technically accurate in dollar terms; however, there has not been another US equity short position of greater than $10 billion that lasted longer than three months.

Short sellers have dogged Tesla for years.

One must first realize that short-sellers profit when the stock price drops to understand why. Short sellers make up less than 1.6 to 2.9% of a stock's shares most of the time. Short selling requires deep-pocketed and sophisticated investors, not the average day trader.

That is because strict margin requirements make it difficult for a lay investor to pull off profitable short-selling. Furthermore, if the stock rises in price, the potential losses are much more significant than simply owning a stock long. 

During a short squeeze, an individual investor could easily be wiped out. Therefore, most sizable short-sellers are often institutional funds - large ones like Vanguard or Blackrock, which can manage the risk.

Keeping that in mind, Tesla's short interest exceeded 20% of its total shares in August of 2018. A short-seller assault can lower a public corporation's share price, dry up its capital and facilitate bankrupting the company.

On August 7, 2018, Musk announced in a letter to employees, "Tesla is the most shorted stock in the history of the stock market...and there are large numbers of people who have the incentive to attack the company."

Aside from the prominent Bill Gates, who else might have an incentive to bankrupt a fledgling electric car manufacturer? The obvious candidates might be Ford, GM, and other gasoline-powered car makers. The not-so-obvious others would include Exxon, British Petroleum, China Petroleum, and Saudi Arabian Oil.

A worldwide change to electric automobiles would spell disaster for fossil fuel interests. 

One might wonder, what does the Bill and Melinda Gates Foundation invest their money in? Their largest holding is Berkshire Hathaway, with 43.85% of the portfolio. If one examines Berkshire Hathaway's holdings, one notices that 7.95% is parked in Chevron Oil.

In other words, Chevron stock comprises 3.49% of the Bill and Melinda Gates Foundation investment portfolio. With the foundation worth an estimated $50 billion, let's say Gates supports fossil fuel interests to the tune of billions yet is against Tesla's climate saving corporation to the tune of half a billion. 

This scenario would be like the America Lung Association investing in Phillip Morris to fund its anti-smoking campaign.

For anyone still under the illusion that Elon Musk is a shill for the Great Reset, consider that most WEF member companies, including Microsoft, did everything to bankrupt him and his corporations this last decade. 

The WEF elite could care less about climate change, or sustainable energy yet use this as a marketing ploy to control society. Instead, they stifle free speech and middle-class businesses and inflate our dollar into oblivion.

Musk is now getting his revenge, and it will involve calling out Gates and other globalists and buying Twitter, and restoring free speech while blowing the whistle on social credit scores like ESG. ESG is supposed to measure how well a company is doing on environmental and societal issues.

However, some critics believe it is merely a way for elites to game the system and that it is a corrupted metric. Worse, many think it is an entry into a world-wide social credit system to be used not just for corporations but for all citizens. It may extend to whether you agree with the government, or not, or whether you attend church or not. You may be dinged if you engage in a protest, or if you decide against vaccination. You could conceivably be dinged if a family member made a bad decision. This score may ultimately be used for totalitarian purposes.

Journalist Kim Iversen notes that today defense contractors earn better ESG scores than companies that make electric vehicles, like Tesla. But, if environmental sustainability and societal interests are reflected in the score, how could a corporation whose main purpose is making weapons of death score well? They couldn’t and shouldn’t – at least not in a fair system.

Musk describes ESG as "the devil incarnate." 

If one notices that Gates' Microsoft somehow has one of the best ESG scores while Tesla's is ranked almost as poorly as Ford, the hypocrisy becomes palpable.

Elon Musk does not march to the beat of the Great Reset and, if anything, will continue to thwart the efforts of Gates, Schwab, and Zuckerberg, and others - not just for human rights, freedom of speech, and saving the planet, but for well-earned vindication.

Dr. Justus R. Hope, writer’s pseudonym, graduated summa cum laude from Wabash College where he was named a Lilly Scholar. He attended Baylor College of Medicine where he was awarded the M.D. degree. He completed a residency in Physical Medicine & Rehabilitation at The University of California Irvine Medical Center. He is board-certified and has taught at The University of California Davis Medical Center in the departments of Family Practice and Physical Medicine & Rehabilitation. He has practiced medicine for over 35 years and maintains a private practice in Northern California.

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