It still makes Gates a little bit guilty if he knew about the short position. Out of the hundreds of companies out there to short it makes one wonder why that portfolio manager chose TSLA?
Gates is stuck in the middle. He cant really interfere with his manager's trades, unless he has a really strong reason to.
The manager is thinking in a prolonged bear market TSLA will be one of the stocks to correct the most, providing a really good bear market hedge.Also TSLA is not going to be the only short position they have.
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