Hyperdrive

Musk Moves Tesla Shares With Cryptic Tweets on News to Come

CEO teases information coming Thursday at 2 p.m. in California
Guesses including Model Y reveal spur stock gain of up to 5.3%

Musk tweets and the SEC

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By Dana Hull and Esha Dey

February 27, 2019 at 9:20 AM UTC

Updated on

February 27, 2019 at 7:49 PM UTC

This article is for subscribers only.

Elon Musk’s Twitter feed giveth, and Elon Musk’s Twitter feed taketh away.

After delivering a scare to Tesla Inc. shareholders late Monday by openly tussling with the U.S. Securities and Exchange Commission over his tweeting, the chief executive officer seemed to send the stock climbing with cryptic posts about news coming at 2 p.m. California time Thursday. A company spokesman declined to elaborate.