Published 13:26 IST, July 7th 2020
Elon Musk dared to wear Tesla's short shorts at a meeting, his reply is hilarious
Elon Musk has kept his promise and unveiled a Tesla short shorts after accusing short-sellers of making a profit by first borrowing and then selling stock.
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Tesla CEO Elon Musk has kept his promise and unveiled a Tesla short shorts after accusing short-sellers of making a profit by borrowing and n selling stock in hope for a decline in price. On July 3, Elon Musk had tweeted, "Tesla will make fabulous short shorts in radiant red satin with gold trim," mocking securities regulators and short-sellers for making an ermous profit by repeatedly borrowing stock and n selling it immediately when price falls. Tesla witnessed a surge in short selling of its stock over last few weeks with more than 15 million shares being sold short. However, stock price rose to $1,208 share making it world's most financially valuable automaker.
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And finally, on July 6, Musk anunced that limited edition short shorts are w available at Tesla's online store. "Celebrate summer with Tesla Short Shorts. Run like wind or entertain like Liberace with our red satin and gold trim design. Relax poolside or lounge indoors year-round with our limited-edition Tesla Short Shorts, featuring our signature Tesla logo in front with 'S3XY' across back. Enjoy exceptional comfort from closing bell," description of short shorts read on Tesla's online store.
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Elon Musk furr informed his followers that he bought a pair of XL himself, to which one of users dared him to wear m at a shareholder meeting. Musk jokingly replied, "That would be next-level." Elon Musk, who is kwn for being witty on social media is often called unpredictable when it comes to talking about rules that are imposed on executives of publicly traded companies. Musk's company recently broke Q2 2020 record by crushing all Wall Street estimates with over 90,000 deliveries, making Tesla most valuable carmaker.
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Or items on Tesla store
Tesla had previously sold 'Flamethrowers' on behalf of 'Boring Company', raising $10 million after selling 20,000 units. firm does, however, continue to sell hats, joggers, hoodies, tee shirts, collectibles, and toy versions of its cars for kids, etc.
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13:26 IST, July 7th 2020