TECH

Elon Musk is ready for another

Last week, Tesla concluded its stock price by updating its historic high at $1,288, almost tripling since the beginning of the year. Optimism was added to investors by the report on the number of electric vehicles shipped in the last quarter, which exceeded analysts' expectations. Elon Musk even talked about the new line of Tesla products - scarlet satin shorts.
This piece actually appeared on the Tesla brand online store, temporarily causing it to be inoperable. Running sizes at a cost of $ 69.42 disperse instantly and an XL size product will have to wait two to four weeks. Scarlet “unisex” shorts feature the golden Tesla logo on the front and the back is decorated with S, 3, X, Y symbols that describe the brand's electric car range. At the same time, Ford Corporation challenged the right to use the “Model E” designation, which is why the Tesla sedan should be called “Model 3”, but the provocative word “sexy” still forms the designations of existing brand models .
Musk decided to launch shorts in celebration of the triumph over the stock speculators who worked to reduce Tesla's stock price, as he repeatedly argued. He even promised the most active investors of this type to send a package with shorts. The irony is explained by the fact that the term "short positions" (shorts) and the name of the garment (shorts) in English sound the same. 



The U.S. Securities and Exchange Commission, which has repeatedly asked Musk to refrain from making loud statements involving fluctuations in Tesla's share prices, has also received stern comments.
The biggest scandal in this area broke out in 2018, when, on Twitter, Elon Musk announced his intention to buy Tesla shares on the market at a price of $420 each, making the company private. Musk never realized the corresponding intentions, and the regulatory authorities made an observation for him. The shorts offered for sale on these events also involuntarily speak for their price, which ends at "420". Long-term losses and a constant change in time to market for new products do not prevent Tesla's stock price from reaching new heights one by one. 

Image source: Tesla