As the most valuable automobile manufacturer in the world, Tesla, which outstripped Toyota and exceeded expectations for vehicle sales, started selling red satin shorts and mocked those who sold the company’s shares.
To collect a stock at low price after selling it, thinking that it will lose value, namely short selling is referred to as “short selling” in English.
“We have a limited number of short shorts,” CEO Elon Musk said on Twitter on Sunday.
Tesla’s website features “short shorts” with a gold pattern and a gold “S3XY” embroidery on the back. The letters represent the vehicle models produced by the company. The sale price of the shorts was set at $ 69,420.
Tesla’s shares rose almost three times this year, slightly above $ 1,200. Tesla, which sold more than 90,000 electric cars in the second quarter, was not affected by the coronavirus-induced quarantine like other car manufacturers.
The product description includes “Run like the wind or entertain like Liberace” and “Enjoy the extraordinary comfort from the closing bell”.
