Tesla Motors Inc. (TSLA) Tweet for Thursday Talks the Stock Up

Published on March 25, 2013 at 5:41 pm by David Woodburn in News

Tesla Motors Inc. (NASDAQ: TSLA) is generating some buzz this Monday before Easter. Tesla tweeted something about Thursday. We don’t think it has much to do with the arrival of the Easter Bunny or some Easter egg hunt at the company’s headquarters in California. Whatever the tweet was about, it stirred the buyers on the market in the waning hours of Monday’s trading day.

As with most chief executives and marketing pros who have Twitter accounts, Tesla Motors Inc. (NASDAQ:TSLA) CEO Elon Musk was a typical cryptic in 140 characters. Apparently, though, Mr. Musk is giving a strong hint that Tesla will be making some very big announcement Thursday, March 28, at a time and place to be determined. What is going on still isn’t found out, but there is tons of speculation based on Musk’s tweet when he wrote: ‘Am going to put my money where my mouth is in v major way.’

Musk went on to say in the tweet that he was following up on something he’s said previously. What was said by the Tesla Motors Inc. (NASDAQ:TSLA) chief was that the company was developing its Supercharger network – fast-chargers for the Model S – would be free for life for Model S owners. And the company was installing solar cells for the network so the company wouldn’t have to get power from a utility. However, the company had also announced that is Model X would likely be delayed until next year, and the company was going to eventually produce a more reasonably-priced electric car, though no timeframe was set for its arrival.

Just after the tweet posted, Tesla Motors Inc. (NASDAQ:TSLA) shares jumped more than 4 percent. At the end of trading Monday, the stock settled into a 2.5-percent jump on the day to $37.53 per share.

Tesla Motors Inc. (TSLA) What are your thoughts about Tesla Motors Inc., and do you have a guess as to what the big announcement might be? Let us know your theories in the comments section below.