Elon Musk just added nearly $1.2 billion to Tesla’s market cap with a single tweet.

By March 31, 2015Uncategorized


A single tweet from Elon Musk today added more than a billion dollars to the market cap of his electric car company Tesla.

The Tesla CEO was simply posting a teaser about an announcement to come at the end of April:

Screen Shot 2015-03-31 at 2.56.14 pm
It’s more likely to be a new type of battery than a car.

Some observers are convinced that it will be based on the design that powers the company’s automobiles, yet large enough to keep the lights on at home.