Elon Musk puts out 'short shorts' for sale on Tesla website. Here's why1 min read . Updated: 06 Jul 2020, 08:34 AM IST
Elon Musk is celebrating and may have proven a point to investors who had bet against Tesla Inc.
- Tesla shipped over 90,000 cars in the last quarter.
Elon Musk made good on a promise to produce a pair of “short shorts" to mark his triumph against investors who had bet against Tesla Inc., unveiling the item Sunday among the range of branded apparel for sale on the electric-car maker’s online store.
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A pair of the limited edition satin shorts would cost “Only $69.420" Musk tweeted - a likely reference to the $420 per share price that he had offered shareholders in 2018 to take the company private. That offer, made over a series of tweets, sparked off a Securities and Exchange Commission lawsuit.
“Run like the wind or entertain like Liberace with our red satin and gold trim design," read a blurb describing the shorts, which come in various sizes. “Enjoy exceptional comfort from the closing bell."
Following Musk’s initial tweet, which was “liked" by Twitter users over 41,000 times, Tesla’s online store was temporarily unable to process orders for the item.
Musk has repeatedly joked about “short shorts" to short sellers who took positions against Tesla, such as hedge fund manager David Einhorn.
This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.