Tesla mocks shortsellers with sale of red satin shorts2020-07-06 17:20 by Daniela
Elon Musk has made good on his promise to release "Tesla short shorts". Over the weekend, the Tesla founder and CEO unveiled a pair of red satin shorts on Tesla's online store in an apparent dig at naysayers and short-sellers.
"Limited edition short shorts now available," Musk tweeted. Shortly afterwards, he tweeted at the popularity of the shorts "broke the [Tesla] website."
The "Short Shorts" on the Tesla shop website feature gold trim, a Tesla logo on the front left side and "S3XY" in gold across the back, which also happens to be formed from Tesla model names - Model S, Model 3, Model X, and Model Y.
The shorts cost $69.420, the last three digits an apparent reference to Musk's infamous tweet in 2018 that he was considering taking Tesla private for $420 per share, with 420 also a code word for marijuana.
Tesla is expected to announce earnings results for April-June quarter this month, with analysts saying the second-quarter deliveries had heightened expectations that it will report four consecutive quarters of profit for the first time in its history.
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