A telescopic mascot includes a head core, a shoulder supporting the head core and a body having a pair of upright telescopic tube assemblies adapted to support the shoulder. Each of the upright telescopic tube assemblies has a plurality of tubes, slidable one in another, to allow the upright telescopic tube assembly to be variable in length between an elongated position and a shortened position, and the tubes are further spring-loaded so as to urge the upright telescopic tube assembly to the elongated position. In addition, a pair of retainers is formed on the lowest tubes and the shoulder is provided with a pair of pivotal hooks adapted to be locked with the retainers when the telescopic tube assemblies is adequately shortened, so as to retain the telescopic tube assemblies in their shortened position.