Given that stock is only $420, Gates' $2 billion Tesla short bet might be his biggest mistake to date.

As stock grows, Gates' $2 billion Tesla short bet might be his biggest mistake to date. $420 As the EV manufacturer's stock soars beyond $400, experts are focusing on $420.69 as the next goal, making Bill Gates' enormous short position against Tesla appear more risky. Gates' pessimistic wager might backfire given that Tesla's market value has reached $1.2 trillion and that Trump's backing could spur growth. Tesla has up 56.6% this year alone, shattering the S&P 500's 27.7% return. The Microsoft founder made his multibillion dollar short when Tesla was at its lowest. Gates' stance could result in financial catastrophe if Elon's forecast that Tesla would become "the world's most valuable company by far" materializes. With Elon's direct line to the incoming Trump administration, robotaxi aspirations, and Tesla's expected sub-$30,000 EV administration, Gates may want to see if Microsoft's insurance policy still covers his temporary post. Sources: NY Times, Mint

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