Recently, Elon Musk has fulfilled his promise of producing a pair of “short shorts” to celebrate his victory against investors who formerly challenged the leading car manufacturer, Tesla Inc. The tech expert launched the item on Sunday and placed it for sale from the offerings of branded apparel on the company’s online store.
A minute jab
According to his tweet, the price of a pair of the limited edition outfit is fixed at “Only $69.420″ which refers to his $420 per share value towards shareholders. The offer, however, resulted in a Securities and Exchange Commission lawsuit at the time. Then he aimed to have a private holding over the firm 2 years back.
— Elon Musk (@elonmusk) July 5, 2020
The shorts feature multiple indications of Tesla vehicles, while Musk has often joked that he was born 69 days after 4/20. On the other hand, he has also revealed his plan to send a pair to the “Shortsellers Enrichment Commission”, thus taking a dig at the former feud with SEC.
An ad describes the product reading, “Run like the wind or entertain like Liberace with our red satin and gold trim design…Enjoy exceptional comfort from the closing bell”, which comes in various sizes. The product displays a Tesla logo on the front left side with “S3XY” written at the back.
In real terms
Musk’s first tweet about the product was “liked” for over 41,000 times by the platform’s users, while Tesla’s virtual outlet failed to process everyone’s orders temporarily.
In the past, Musk has repeatedly joked about “short shorts” towards short-sellers who went against Tesla, including hedge fund manager David Einhorn. In 2018, he even sent a box of short shorts to the latter, offering to send him more in November 2019.
Meanwhile, the spiking stock prices have subjected short-sellers and other critics to close their previous claims.