[ad_1]
Tesla's chief executive, Elon Musk, has promised to publish news from the maker of electric cars in a series of tweets that he sent Tuesday night.
Musk – who changed his Twitter nickname on "Elon Tusk", accompanied by an elephant emoji, said the news would be revealed on Thursday at 2 pm California time. He did not provide any additional details, and a Tesla spokesperson did not respond to a request for comment.
| Teleprinter | security | Latest | Change | % Chg |
|---|---|---|---|---|
| TSLA | TESLA INC. | 314.74 | 16.88 | + 5.67% |
Tesla shares climbed on the tweets.
Last year, the eccentric billionaire announced the unveiling of the Model Y in March 2019. Responding to a question about the much anticipated crossover SUV, Mr. Musk announced last May that he would unveil the vehicle on the 15th. March.
MORE FOX BUSINESS …
He then pointed out that he had chosen this date "because the March Ides sounded good" – but pointed out that March was a very real possibility for the arrival of Model Y.
"But think of it as real," he added. "We could unveil Model Y anytime from the end of the year to the middle of next year, so March 15 is pretty much okay.
The way Musk chose to disclose the information could also cause him more trouble with the US Securities and Exchange Commission, which claimed in federal documents this week that it had violated a previous settlement by tweeting Tesla's production targets for 2019.
Last week, Musk wrote in a tweet that Tesla would produce 500,000 cars in 2019, a figure that he would have said later would approach 400,000. The SEC determined that the initial tweet had not been approved by Tesla prior to shipment, depending on the file.
CLICK HERE TO GET THE FOX BUSINESS APP
Under the terms of the previous securities charges settlement – resulting from the sudden rumor that Musk was considering taking Tesla in private – Tesla was to appoint two new independent directors to his board of directors, in addition to setting up controls to supervise musk communication. Tesla and Musk were also fined $ 20 million each, for a cumulative total of $ 40 million.
[ad_2]
Source link