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Vishu Bheda

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Medialย โ€ขย 6m

๐—•๐—ถ๐—น๐—น ๐—š๐—ฎ๐˜๐—ฒ๐˜€ ๐—•๐—ฒ๐˜ $๐Ÿฏ ๐—•๐—œ๐—Ÿ๐—Ÿ๐—œ๐—ข๐—ก ๐—”๐—ด๐—ฎ๐—ถ๐—ป๐˜€๐˜ ๐—ง๐—ฒ๐˜€๐—น๐—ฎ. ๐—˜๐—น๐—ผ๐—ป ๐— ๐˜‚๐˜€๐—ธ ๐—ก๐—ฒ๐˜ƒ๐—ฒ๐—ฟ ๐—™๐—ผ๐—ฟ๐—ด๐—ฎ๐˜ƒ๐—ฒ ๐—›๐—ถ๐—บ. In 2022, Bill Gates reached out to Elon Musk. His goal? ๐‚๐จ๐ง๐ฏ๐ข๐ง๐œ๐ž ๐Œ๐ฎ๐ฌ๐ค ๐ญ๐จ ๐ฃ๐จ๐ข๐ง ๐ญ๐ก๐ž ๐†๐ข๐ฏ๐ข๐ง๐  ๐๐ฅ๐ž๐๐ ๐žโ€”๐š ๐ฆ๐จ๐ฏ๐ž๐ฆ๐ž๐ง๐ญ ๐ฎ๐ซ๐ ๐ข๐ง๐  ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง๐š๐ข๐ซ๐ž๐ฌ ๐ญ๐จ ๐๐จ๐ง๐š๐ญ๐ž ๐ฆ๐จ๐ฌ๐ญ ๐จ๐Ÿ ๐ญ๐ก๐ž๐ข๐ซ ๐ฐ๐ž๐š๐ฅ๐ญ๐ก. The meeting took place at Teslaโ€™s ๐Ÿ๐ŸŽ-๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง-๐ฌ๐ช๐ฎ๐š๐ซ๐ž-๐Ÿ๐จ๐จ๐ญ ๐ ๐ข๐ ๐š๐Ÿ๐š๐œ๐ญ๐จ๐ซ๐ฒ ๐ข๐ง ๐€๐ฎ๐ฌ๐ญ๐ข๐ง. Gates was impressed. Everything seemed fine. Until Musk asked one question: โ€œ๐–๐ก๐ฒ ๐๐ข๐ ๐ฒ๐จ๐ฎ ๐ฌ๐ก๐จ๐ซ๐ญ ๐“๐ž๐ฌ๐ฅ๐š?โ€ Gates had placed a $๐Ÿ“๐ŸŽ๐ŸŽ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ฌ๐ก๐จ๐ซ๐ญ ๐›๐ž๐ญ ๐š๐ ๐š๐ข๐ง๐ฌ๐ญ ๐“๐ž๐ฌ๐ฅ๐š.With leverage, the total position was $๐Ÿ‘ ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง. His reason? "I talked to my financial advisors. Tesla is overvalued. Iโ€™m going to make money on the short." Muskโ€™s reaction? ๐๐ฎ๐ซ๐ž ๐๐ข๐ฌ๐›๐ž๐ฅ๐ข๐ž๐Ÿ. "I thought you cared about climate change. Why would you bet against the company doing the most to solve it?" For Musk, ๐“๐ž๐ฌ๐ฅ๐š ๐ฐ๐š๐ฌ๐งโ€™๐ญ ๐ฃ๐ฎ๐ฌ๐ญ ๐š ๐œ๐จ๐ฆ๐ฉ๐š๐ง๐ฒโ€”๐ข๐ญ ๐ฐ๐š๐ฌ ๐š ๐ฆ๐ข๐ฌ๐ฌ๐ข๐จ๐ง.Betting against Tesla meant betting against clean energy. Gates saw it differently. To him, business and philanthropy were separate. Musk? ๐‡๐ž ๐ฐ๐š๐ฅ๐ค๐ž๐ ๐š๐ฐ๐š๐ฒ. A few days later, Gates texted Musk, trying to restart the philanthropy discussion. Muskโ€™s reply was ๐œ๐จ๐ฅ๐ ๐š๐ง๐ ๐๐ข๐ซ๐ž๐œ๐ญ: "Sorry, but I canโ€™t take your philanthropy on climate change seriously when you short Tesla." Later, Musk told his biographer: "At this point, I am convinced he is categorically insaneโ€ฆ I did actually want to like him (sigh)." The fallout was final. Two of the worldโ€™s greatest tech mindsโ€”๐ฉ๐จ๐ญ๐ž๐ง๐ญ๐ข๐š๐ฅ ๐š๐ฅ๐ฅ๐ข๐ž๐ฌ, ๐ง๐จ๐ฐ ๐๐ข๐ฏ๐ข๐๐ž๐. Because their philosophies clashed: Musk: Solve problems through innovation and disruption. Gates: Solve problems through structured philanthropy and grants. But hereโ€™s the twistโ€”๐“๐ž๐ฌ๐ฅ๐šโ€™๐ฌ ๐ฌ๐ญ๐จ๐œ๐ค ๐ฌ๐จ๐š๐ซ๐ž๐. And Gatesโ€™ short position? ๐ˆ๐ญ ๐œ๐จ๐ฌ๐ญ ๐ก๐ข๐ฆ ๐ฎ๐ฉ ๐ญ๐จ $๐Ÿ.๐Ÿ“ ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง. A costly mistake. A lost alliance. ๐€ ๐๐ž๐Ÿ๐ข๐ง๐ข๐ง๐  ๐ฆ๐จ๐ฆ๐ž๐ง๐ญ ๐ข๐ง ๐ญ๐ž๐œ๐ก ๐ก๐ข๐ฌ๐ญ๐จ๐ซ๐ฒ. Follow Vishu Bheda for more such amazing business stories!

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