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Elon Musk teases Tesla's announcement



He added that the news would come Thursday at 14:00 (17:00 ET).

Musk made a splash on Wednesday when he posted an enigmatic message on the imminent news, and From Tesla (TSLA) stocks initially jumped about 5%. The company's shares were relatively stable before the announcement on Thursday.

It is not clear if Musk will announce something interesting. Musk has made some changes to his Twitter biography, which could be a clue for this announcement: he changed his Twitter name to "Elon Tusk" and added an elephant emoji. He also changed his picture to an image of Mars with the word "Revive" on it.

On Thursday, the Tesla website began directing users of the X Models, S Models, and Templates 3 pages to a landing page referring to the upcoming ad, indicating that "great things are happening. launch".

Some suggest that the Tesla news could be about the company's upcoming SUV model, updates to its standalone driver software, or news about its Tesla Supercharger network of stations.

It's not clear if Tesla has reviewed Musk's latest tweets about this announcement. A spokesperson did not immediately respond to a request for comment on Thursday.

Musk is in hot water with the SEC about his tweet habits.

The regulators had Monday urged a federal judge to sentence Musk in contempt for violating the settlement agreement reached last year, which implied criticizing Musk 's use of Twitter. Musk and Tesla settled their dispute with the SEC in October. They agreed to pay a $ 40 million fine and start monitoring Musk's social media posts after provoking a stock market surge with a tweet that, according to regulators, would exaggerate Tesla's value.

But Musk again angered regulators with a Feb. 19 tweet that overestimates the number of cars that Tesla plans to deliver in 2019. The SEC says Musk has not received prior approval for this tweet.

If the judge sided with the SEC, it could expose Musk to further serious consequences.

Musk criticized the SEC, which he described as embarrassing in a tweet earlier this week. Previously, he had also referred to the agency as "Shortseller Enrichment Commission".

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