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.
Slight change of date to ensure no end of quarter distractions -- will be Tues next week.— Elon Musk (@elonmusk) March 26, 2013
Really exciting @teslamotors announcement coming on Thursday. Am going to put my money where my mouth is in v major way.— Elon Musk (@elonmusk) March 25, 2013
Here's how Tesla stock is reacting:
And the Twittersphere responds:
@elonmusk i wld read that as: Tesla getting more cash as I take greater equity stake.— Peter Eavis (@petereavis) March 25, 2013