Elon Musk’s April Fools’ joke backfired and cost him a lot of money

The billionaire will be regretting this.

I'm not going to name names on this one but, let's face it, somewhere along the way April Fools' Day stopped being about mucking about - putting a layer of clingfilm over your mate's toilet bowl, or w/e - and instead turned into a shitshow of terrible #CorporateBanter. It's fair to say this was optimised by Tesla CEO, Elon Musk, yesterday when he took to Twitter to say that his car company had gone bust. https://twitter.com/elonmusk/status/980566101124722688?ref_src=twsrc%5Etfw&ref_url=http%3A%2F%2Fwww.ladbible.com%2Fnews%2Ftechnology-news-elon-musk-makes-potentially-costly-april-fools-day-joke-20180402 Musk wrote that the company was 'so bankrupt, you can't believe it'. Adding: "There are many chapters of bankruptcy and, as critics so rightly pointed out, Tesla has them *all*, including Chapter 14 and a half (the worst one)." The big reveal that it was just banter was a photo of himself, where he explained it was all a ruse - good one, got us there Elon! https://twitter.com/elonmusk/status/980566116614291456?ref_src=twsrc%5Etfw&ref_url=http%3A%2F%2Fwww.ladbible.com%2Fnews%2Ftechnology-news-elon-musk-makes-potentially-costly-april-fools-day-joke-20180402 As well as not being funny, the entire stunt also ended up costing him a fortune because - shock horror - when you're a billionaire and you tweet that your company has gone bust, a few people are going to believe it. According to the Metro, following the post pre-trading shares dropped by 2.5 percent following the posts. Gutted.