Elon Musk, CEO Of Tesla and SpaceX and Chairman of SolarCity, has a big announcement coming later this week next week and is using Twitter to get the word out this afternoon, as well as to walk back his original target, presumably upon hearing from all sorts of legal counsel.


Here's how Tesla stock is reacting:


And the Twittersphere responds:

Tags: elon musk, model s, scty, solarcity, spacex, tesla, tsla