Thursday, October 29, 2020

Those Who Have Short Shorts: Elon Musk Sells Them for Real at $ 69.42 – World News

published on: 06/07/2020 10:39 AM

Elon Musk promised to make a pair of “short shorts” to mark his win against investors wagering against Tesla Inc. Sunday amid a range of branded apparel for sale at the electric car manufacturer’s online store Unveiled. .

A pair of limited edition satin shorts will cost “only $ 69.420”. Musk tweeted – a possible reference to the $ 420 per share price he offered to shareholders in 2018 to take the company private. The offering, made on a series of tweets, led to a lawsuit by the Securities and Exchange Commission.

“Run like the wind or entertain like Liberas with our red satin and gold trim design,” read a blurb describing the shorts, which come in different sizes. “Enjoy extraordinary comfort with the closing bell.”

After Musk’s initial tweet, which was “liked” by Twitter users more than 41,000 times, Tesla’s online store was temporarily unable to process orders for the item.

Musk has repeatedly joked about “short shorts” for short sellers who held positions against Tesla, such as hedge fund manager David Einhorn.

Tesla shares have gained 189% this year.

Report by Hindustantimes

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