April Fools’ Day has become a favorite among brands which enjoy pranking the internet with fake products and “breaking news.”
Elon Musk laughed off Tesla Inc.’s worst month in seven years on Sunday, posting a series of April Fools’ Day tweets saying the electric-car company had gone bust.
The flamboyant boss of Tesla and SpaceX later posted a picture of himself pretending to be passed out with his head on a Tesla Model 3 while holding a sign that read “Bankwupt!”
Elon Musk’s prank set Twitter abuzz creating a veritable avalanche of responses.
Boring Company’s next step is to sell Teslaquilla?;D
The bankruptcy joke was likely a direct response to rumors that Elon Musk was running out of cash and that Tesla could be bankrupt within the next few months.
Tesla shares plunged by 22 percent in March, the steepest monthly drop since December 2010, the year the company went public.
Last week, Moody’s Investors Service cut Tesla’s credit rating further into junk status sending its bonds to all-time lows.