{"id":413647,"date":"2020-07-06T07:44:29","date_gmt":"2020-07-06T05:44:29","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=413647"},"modified":"2020-07-06T07:44:29","modified_gmt":"2020-07-06T05:44:29","slug":"elon-musk-takes-jibe-at-tesla-short-sellers-with-69-42-satin-shorts","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/internet\/413647\/elon-musk-takes-jibe-at-tesla-short-sellers-with-69-42-satin-shorts\/","title":{"rendered":"Elon Musk takes jibe at Tesla short sellers with $69.42 satin shorts"},"content":{"rendered":"<p>Elon Musk made good on a promise to produce a pair of \u201cshort shorts\u201d 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\u2019s online store.<\/p>\n<p>A pair of the limited edition satin shorts would cost \u201cOnly $69.420\u201d Musk tweeted &#8211; a likely reference to the $420 per share price at which he considered taking the company private in 2018.<\/p>\n<p>The Securities and Exchange Commission sued over his tweeting about that ordeal.<\/p>\n<p>\u201cRun like the wind or entertain like Liberace with our red satin and gold trim design,\u201d read a blurb describing the shorts, which come in various sizes.<\/p>\n<p>\u201cEnjoy exceptional comfort from the closing bell.\u201d<\/p>\n<p>Following Musk\u2019s initial tweet, which was \u201cliked\u201d by Twitter users over 41,000 times, Tesla\u2019s online store was temporarily unable to process orders for the item.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Limited edition short shorts now available at <a href=\"https:\/\/t.co\/5EmNcTBvJv\">https:\/\/t.co\/5EmNcTBvJv<\/a><\/p>\n<p>\u2014 Elon Musk (@elonmusk) <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1279867930289647617?ref_src=twsrc%5Etfw\">July 5, 2020<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Musk has repeatedly joked about \u201cshort shorts\u201d to short sellers who took positions against Tesla, such as hedge fund manager David Einhorn.<\/p>\n<p>Tesla shares have surged 189% this year.<\/p>\n<hr \/>\n<p><strong>Read: <a href=\"https:\/\/businesstech.co.za\/news\/internet\/411887\/naspers-continues-investment-drive-targeting-india-for-growth\/\" target=\"_blank\" rel=\"noopener noreferrer\">Naspers continues investment drive, targeting India for growth<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elon Musk made good on a promise to produce a pair of \u201cshort shorts\u201d 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\u2019s online store.<\/p>\n","protected":false},"author":59,"featured_media":72680,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9882],"tags":[26,6118],"class_list":["post-413647","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-internet","tag-headline","tag-tesla"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/413647","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=413647"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/413647\/revisions"}],"predecessor-version":[{"id":413661,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/413647\/revisions\/413661"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/72680"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=413647"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=413647"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=413647"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}