Elon Musk Just Banned Bill Gates From Twitter: April 14th, 2022. Elon Musk announced that he wanted to buy Twitter for $54.20 per share. On April 25th, Twitter’s board of directors accepted the deal worth about $44 billion.
As Twitter transforms into a private entity, Elon Musk has banned Bill Gates from Twitter in a shocking turn of events.
Elon Musk’s New Rules for Twitter
Musk warned that any Twitter account that promotes spam activities will be banned from the platform. The billionaire tweeted saying, “If our Twitter bid succeeds, we will defeat the spam bots or die trying.”
The billionaire has always been a staunch supporter of free speech and has proposed that the social media platform will demonstrate what free speech should be like. People have been misinterpreting Musk’s quest for free speech.
Some people think that free speech means they can log into their Twitter accounts, troll people online, or post all manner of insults on the platform. That’s so far away from the truth. Musk has made it clear that Twitter isn’t a place where you can throw abuse around.
It is a platform that will give people a voice and promote free speech as prescribed by the law. He revealed this in a tweet that reads, “By “free speech,” I simply mean that which matches the law. I am against censorship that goes far beyond the law.
If people want less free speech, they will ask government to pass laws to that effect. Therefore, going beyond the law is contrary to the will of the people.” If you are going against free speech according to the law, you will be de-platformed from Twitter.
Elon Musk and Bill Gates’ Relationship Musk hasn’t exactly had a cozy relationship with Bill Gates. These two men are in the 1 percent of the wealthiest people in the world, and they have disagreed on many things, from electric cars to the coronavirus pandemic.
In 2020, Bill Gates attacked Elon Musk and Tesla indirectly when he mentioned that there isn’t a need for an 18-wheel electric vehicle. Gates didn’t precisely mention Tesla. But you can say without ambiguity that these comments were directed at Tesla, as it is the only electric vehicle manufacturer making an electric semi-truck with eighteen wheels.
One of Musk’s fans on Twitter urged Tesla’s CEO, Elon Musk, to comment about Bill Gates’ tweet, but Elon Musk only replied saying Gates had no idea what he was talking about.
Indeed, Bill Gates wouldn’t know much about electric cars since that’s not his area of expertise. With his childhood friend, Paul Allen, he founded the famous Microsoft Corporation in 1975. Microsoft deals in computer software, consumer electronics, personal computers, and other related services.
The rivalry between Elon Musk and Bill Gates exploded during the pandemic when the two tech billionaires had different opinions. From the start, Gates was committed to the issue of the pandemic. He helped to finance the production of the vaccine.
Bill Gates championed the need to maintain COVID-19 protocols like social distancing and wearing a mask. He has donated 100 million to that effect to help fight the virus through the Bill and Melinda Gates Foundation. Musk was partly involved in the fight against COVID-19 when he helped build ventilators.
His approach to the pandemic was more relaxed, and he wasn’t too strict with the protocols and measures. Gates didn’t waste time critiquing Musk’s take on the Coronavirus. He said, “Well, Elon’s positioning is to maintain a high level of outrageous comments. You know, he’s not much involved in vaccines.
He makes a great electric car. And his rockets work well. So he’s allowed to say these things. I hope that he doesn’t confuse areas he’s not involved in too much” Musk wasn’t too keen on Bill Gates’ opinion about him, and he tweeted in a sing-song to one of the late King of Pop’s songs, “Billy G is not my lover.”
He also pressed on, making another tweet about Tesla making the vaccine machine for CureVac. Bill Gates keeps throwing shades at Gates, the Microsoft founder has also gone on record to say that he would rather spend his money on vaccines on this planet than build rockets to go to Mars.
He has openly admitted that he is not a massive fan of the red planet, but he knows several people that are huge fans. These rivalries have been around for a while, but Musk’s latest encounter with Bill Gates has angered him so much that he has decided to ban the Microsoft founder from Twitter.
Musk’s Latest Encounter With Bill Gates The genesis of the new rivalry resulted from a leaked private conversation between the two billionaires. We only learned about this development thanks to screenshots from Elon Musk’s phone.
Musk refused to team up with Gates for a philanthropy exercise on climate change after confirming that Bill Gates has a short position worth half a billion dollars against Tesla. You need to understand what shorting means in investment to understand what Bill Gates has done.
Shorting is the strategy employed when an investor anticipates that the price of a security will fall in the short term. Bill Gates has anticipated that Tesla’s share price would fall in the future. Musk didn’t seem to be happy with this.
In his reply to Bill Gates, he said he doesn’t understand how Gates supports climate change when he expects the share price of a company that uses sustainable energy to fall in the long run. Musk has considered Gates an insincere individual, ultimately banning him from Twitter.
Should You Be Worried About Tesla’s Share Price?
Tesla’s share price has increased at a high rate in the last few years. Thanks to its rapidly increasing value, Tesla has grown to become the first automotive company to hit the $1 trillion market cap. Tesla is making huge strides when it comes to production.
It has built more than 2.5 million cars so far. In the first quarter of 2022 alone, Tesla manufactured more than 300,000 EVs. Their closest competition and rival Rivian only managed to produce 2500 EVs.
General Motors, which is also new to the EV market, only managed to produce 56 EVs. Tesla is ahead of its competition in a high-demand market by a wide margin. Tesla Incorporation is rapidly expanding.
In 2022, a new gigafactory was launched in Berlin. It is the first of its kind in Europe, and days after that, Musk began the production for the highly anticipated Cybertruck. Tesla has a lot of potential, not just as a car manufacturer in a market it dominates already, but as a tech software company.
Tesla is involved in manufacturing some pretty insane futuristic tech that will revolutionize our future. One example is the Tesla Bot, a humanoid robot manufactured in-house by Tesla. The Tesla Bot will be able to interact with people.
The list of things Tesla manufactures is endless. An affordable, sustainable home known as the Tesla Home is now on the list of things you can purchase from Tesla. It is prefabricated and effortless to make. The main aim of this technological invention is to solve the problem of housing.
Tesla is also working to improve lithium-ion batteries, an integral part of every EV. The quality of the battery in an EV will play a huge role in its driving range. These are just the major projects Tesla is working on with a fair amount of success.
There is absolutely no need for an experienced businessman like Gates to take a short position against Tesla with all its potential. What Does This Mean For Climate Change Musk might have refused a philanthropic collaboration with Bill Gates on climate change, but he still remains a staunch supporter of sustainability and sustainable energy.
He is actively involved in the consumption of sustainable energy by creating Tesla EVs. Tesla’s solar panels collect energy from the sun, which is then stored in the Tesla Powerwall, another Tesla product.
The energy stored in the Tesla Powerwall, which acts like a battery, can be used to charge your Tesla car or power your Tesla home. Musk’s love for sustainability and the environment is second to none.
He is working to create a new phone dubbed the Tesla Model Pi. This new phone will be equipped with solar panels that can charge the phone. Musk’s fight for climate change didn’t start now.
The billionaire dedicated his commitment to sustainability when he stopped a feature that allows people to purchase Tesla products with Bitcoin. Bitcoin is hazardous to the environment because its mining process involves the use of fossil fuels which are a danger to the environment.
In 2017, he resigned from Trump’s advisory council when the former US president pulled out of a Paris agreement dedicated to fighting climate change. Musk believes that every form of transportation in the future will become electric, save for rocket transport. To that effect, Tesla might be working on an electric plane. Musk imagines a world with zero carbon imprint.
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Information Source: Elon Musk Live