Elon Musk began promoting short satin shorts in a taunt to short sellers, with Tesla CEO presenting a limited series of branded shorts on the company’s online page and fulfilling a previous promise to meet the company’s skeptics.
Musk tweeted a link to Tesla’s branded shorts on Sunday, with the word “S3XY” stamped on gold on the back, in reference to Tesla models.
This came after Musk tweeted last week that the company would make “fabulous shorts in radiant red satin with gold embellishments.”
The resolution is Musk’s latest, as opposed to short intermediaries: investors who bet against the company’s stocks and anticipate a drop in value to make a profit.
The short films are worth $69,420, in reference to hashish use, and also $420, the value by which Musk said he would take the personal company in a tweet.
The tweet led the Securities and Exchange Commission to sue Musk for securities fraud after the tweet sent Tesla’s percentage up, however, the 49-year-old man nevertheless moved and resigned as president of the company in 2018.
The short films were most commonly sold Monday morning, after the online page was temporarily unavailable on Sunday as orders were placed.
“Run like the wind or laugh like Liberace with our red and gold satin design,” says the product description, adding: “Enjoy exceptional comfort from the final bell.”
Tesla’s stock soared this year and on Wednesday the company outperformed Toyota’s most valuable automaker in the world, with a market capitalization of more than $208 billion. In May, the company challenged coronavirus restrictions to restart production in Fremont, California, with Musk brabably criticizing protective measures. Tesla reduced car costs by 6% to spice up the decline in car sales amid the pandemic.
Elon Musk, one of the first undercover people to support Kanye West’s possible candidacy for the presidency, tweeted on Saturday: “You have all my support!”
Elon Musk’s network has increased $20 billion since March as Tesla shares roar (Forbes)
Elon Musk wins with Alameda County: Tesla plant reopening allowed (Forbes)
Tesla reduces up to 6% in North America and China to mitigate declining sales (Forbes)
I’m a senior journalist from Forbes in London, covering Europe and the United States. Previously, I was a journalist for HuffPost UK, the Press Association and one night
I’m a senior journalist from Forbes in London, covering Europe and the United States. Previously, I was a journalist for HuffPost UK, the Press Association and an evening reporter at the Guardian. I studied social anthropology at the London School of Economics, where I was editor of one of the university’s global business journals, London Globalist. This led me to Goldsmiths, University of London, where I finished my master’s degree in journalism. Do you have a story? Contact us at [email protected] or stay on Twitter @bissieness. I’m waiting for your answer.