The Tesla share rises and rises. But how long? Short sellers stock up, speculate on a crash and thus anger the founder of the electric car pioneer, Musk. He smugly strikes back in his very own way.
Tesla founder Elon Musk, known for his provocations, teased the sale of satin shorts against skeptical investors. The US electric car manufacturer added red shorts with a gold-colored Tesla logo and the inscription “S3XY” – for the models S, 3, X and Y – to its website. In the meantime, the website collapsed due to a large number of inquiries, and the shorts were sold out within a short time.
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With the offer of the “Tesla Short Shorts” Musk makes fun of skeptical investors: So-called short sellers place short sales on falling share prices and want to make profits. Many investors consider Tesla overvalued and expect stock prices to fall in the future.
However, Tesla’s upswing continues, although the company still sells far fewer cars than its competitors. Last week, Tesla rose to become the most valuable car company in the world. The company’s market value is now more than $ 246 billion.
Musk is a visionary technology entrepreneur who not only turns the automotive industry upside down, but also the space sector with SpaceX. At the same time, the 49-year-old is notorious for provocations and sometimes rude verbal attacks against critics.
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