TITLE

Tesla rumors swirl, stock climbs

AUTHOR(S)
Investor's Business Daily
PUB. DATE
March 2013
SOURCE
Investors Business Daily;3/28/2013, pA02
SOURCE TYPE
Newspaper
DOC. TYPE
Article
ABSTRACT
Shares of the electric-car maker climbed 0.8% Wednesday and were up 4.2% for the week, on CEO Elon Musk's promise of a "really exciting" announcement next week. Among the rumors is a secondary stock offering, or an offer to Model S sedan owners of free supercharger stations use for life. Via Twitter on Monday, Musk first said to expect an announcement Thursday, but later pushed it to next Tuesday, to avoid "end of quarter distractions." The auto show in New York opens this week.
ACCESSION #
86416094

 

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