Elon Musk’s Tweets Moving Tesla’s Share Price

Elon Musk tweets and Tesla shares increase 3%.

It's 3 pm EST on February 11, 2015. Investors have their terminals cued to decrypt the letter to shareholders from Tesla Motors (NASDAQ:TSLA), after-market. The conference call is set for 5:30. It's Tesla's earnings announcement!

Summary

  • Analysts believe Tesla's next product line is home-use energy storage that looks good on your wall.
  • Musk and other executives have seen diluted share ownership.
  • The SEC has stated that tweeting company announcements is not illegal.


Earnings announcements have been one of the most volatile company announcements for a very long time. Twitter, however, has created a new avenue for stock volatility, and Elon Musk is an innovator in this respect.

>> Full article over at SeekingAlpha.

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