Now, Elon Musk is selling Tesla-branded 'short shorts'

Daniel Fowler
July 7, 2020

Tesla CEO Elon Musk announced Sunday that the electric auto company is selling limited-edition red satin short shorts.

The "shorts sale" isn't the first time Musk has taken a jab at short-sellers.

"The same who have said the same about buying Tesla stocks 5 years ago; look at the resell prices in a few weeks".

Celebrate summer with Tesla Short Shorts.

Turning a profit for Q2 would see the company eligible for inclusion on the S&P 500, which requires a minimum of four consecutive quarters of profitability. Musk is fond of referencing 420, which has associations with marijuana, and famously landed in trouble in 2018 for vowing to take Tesla private at $US420 a share. "Limited edition short shorts now available", tweeted Musk while sharing the link to the company's website.

The Tesla shorts have been priced at $69.420 (approximately Rs 5,180) which has a two-fold implication.

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That announcement comes just weeks after the developers were handed a major victory by the U.S. Both lawmakers expressed concerns over the loss of high-paying pipeline construction jobs.

Hard to believe? Well, the billionaire tech mogul has already listed red-colored satin short shorts on the Tesla's website, leaving the internet in splits.

Instead, last week Tesla raced ahead of Toyota to become the world's biggest carmaker by market capitalization, prompting Musk to announce plans for the new product, featuring the company logo in gold on the front, and "S3XY" across the back - a play on words as well as a reference to Tesla models S, 3, X and Y.

Because of the tweet, the Securities Exchange Commission sued Musk for securities fraud as it caused Tesla's stock price to soar. Run like the wind or entertain like Liberace with our red satin and gold trim design.

According to the product description, the apparel offers "exceptional comfort from the closing bell".

The market cap of Elon Musk's electric vehicle business has not only surpassed that of such giants as Coca-Cola, Disney, Cisco, Merck and Exxon Mobil, it is even worth more than Japanese carmaker Toyota, making Tesla the most valuable auto company on the planet. Currently, the electric vehicle and clean energy company is chasing an ambitious target of being able to deliver 1 million electric vehicles per year.

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