Drones and stakeouts: how Tesla 'haters' put pressure on CEO Musk

Tesla Model 3

The lawsuit from Tesla shareholders claimed the company had inflated its share price with its lofty production targets Credit AP

Elon Musk appears to have revived his allegation that one of the British divers who helped in the Thailand cave rescue is a "pedo guy". Replying to a person's tweet about the incident, Musk on Tuesday said, "You don't think it's unusual [Unsworth] hasn't sued me?"

A go-private deal at $420 a share announced by Musk in an August 7 tweet would have wiped out short bets against Tesla and hidden the company's financials from the public eye.

Since then, Musk has said there were no tears, but the Times has stood by its story. "Why?" Musk who is very vocal about his views on social media has often paid the price for it.

The US Securities and Exchange Commission is now reported to be investigating the matter, and some Tesla investors are suing the firm over the tweets.

Unsworth called the submarine "a PR stunt" during an interview with CNN. "I also spent considerable time listening to current shareholders, large and small, to understand what they think would be in the best long-term interests of Tesla".

Unsworth later responded to Musk's comments, telling the Guardian: "I believe he's called me a paedophile. You could take the craziest LA party and multiply it by a thousand, and it doesn't even get f - - king close", he wrote. After receiving requests online that he help in the Thai rescue efforts, Musk, together with SpaceX and Boring Co. engineers, developed a mini-submarine that the stranded children could use to escape the flooded cave system. Shares of Tesla had lost as much as 3 per cent after earlier his comments. "According to a subsequent Twitter post, you did so out of anger". Last week, Musk said Telsa would remain publicly-traded.

On Twitter on Tuesday, Tesla CEO Elon Musk denied that he cried during a New York Times interview earlier this month.

Unsworth had said he was considering taking legal action against Musk.

On Wednesday, a Tesla spokesperson reiterated that sentiment in an email to CBS MoneyWatch, saying "Elon's tweet was simply a recognition of the fact that unlike Tesla, we're not aware of a single UAW-represented automaker that provides stock options or restricted stock units to their production employees".

"The biggest risk short-sellers pose to Elon and the stock price is putting information out there", said Paul Huettner, who works for a Chicago-based advisory firm and said he took out options betting against Tesla after it missed its Model 3 production targets previous year.

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