Elon Musk Loves To Call Out Short Sellers

Tesla Inc TSLA spiked as much as 5.6 percent Monday after first-quarter reports boasted a sizeable deliveries record — a victory CEO Elon Musk sought to capitalize on.

Musk took to Twitter Inc TWTR to taunt Tesla cynics as shares rocketed over $292, prompting significant losses for those shorting the stock. Some analysts foresee continued upside, with Baird maintaining a $368 price target.

Stormy weather in Shortville ...

— Elon Musk (@elonmusk) April 3, 2017

Traders may have been better off shorting Ford Motor Company F this time around, as its shares plunged as much as 3 percent on news that Tesla surpassed it in market cap. Ford also announced March sales, with overall U.S. sales down 7 percent.

Tesla's stock traded recently at $291.71, up 4.8 percent on the day. The stock is up more than 30 percent in 2017.

This also isn't the first time Musk has called out the shorts.

Seems to be some stormy weather over in Shortville these days

— Elon Musk (@elonmusk) April 25, 2013