Tesla is on a roll.
Shares of the electric car maker rallied to a new high Tuesday, just days before the company is set to report its first profit ever.
The Model S is a full-size, four-door luxury sports sedan. While it was unveiled in 2009, it wasn't available until last year.
Tesla has sold roughly 7,000 Model S cars since then.
Investors may also be liking the latest driver-friendly warranty being offered by Tesla. In a bid to draw in even more buyers, the automaker is offering a 'no fault' warranty for its Model S batteries.
And it's come up with new financing options for the Model S to make it even easier (and cheaper) to buy the plug-in vehicle.
Tesla CEO Elon Musk loves to take to Twitter to make announcements and engage with consumers. @elonmusk has more than 191,000 followers.
He's not alone. StockTwits traders took to the airwaves to cheer Tesla on.
That's a good point. There are probably a bunch of naysayers out there who now wish they had placed big bets on the stock rising instead of falling.
I can't rightly answer that. But I can say it seems to have a bit more room on the upside. Though, many StockTwits traders are calling out the shorts for "squeezing" the stock at this level. That may very well be playing into today's pop since there isn't any definitive news.
But I also think there are those who want to get in before the earnings release.
That's really bullish!
Bet that owner wishes those new financing options were around when they bought it
A fake tweet from the account of the Associated Press sent stocks tumbling more than 140 points within minutes, erasing all of the day's gains and then some, before bouncing back just as rapidly.
The erroneous tweet, which was posted around 1:07 p.m. ET, said "BREAKING: Two Explosions in the White House and Barack Obama is injured." The tweet was up for a few minutes before AP's account was suspended, and MOREHibah Yousuf - Apr 23, 2013 3:30 PM ET
Talk about electrified.
Shares of electric car maker Tesla spiked 6% Tuesday, nearly hitting a new high, on heavy trading volume.
Tesla generated a lot of buzz last month after CEO Elon Musk tweeted about a game changing announcement.
Really exciting @teslamotors announcement coming on Thursday. Am going to put my money where my mouth is in v major way.
— Elon Musk (@elonmusk) March 25, 2013
The news (which hit the airwaves last MORECatherine Tymkiw - Apr 16, 2013 1:04 PM ET
Netflix CEO Reed Hastings caused a stir last year after he revealed that Netflix's monthly online viewing had exceeded one billion hours on his Facebook page instead of a press release or public filing. That raised concerns about whether social media posts were in compliance with the Securities and Exchange Commission's Regulation Fair Disclosure (Regulation FD) rules.
But following an investigation prompted by Hastings' post, the SEC has decided it's MOREHibah Yousuf - Apr 2, 2013 4:24 PM ET
Facebook beat fourth-quarter earnings and revenue estimates, and improved mobile ad sales, but investors weren't all that impressed.
Facebook (FB) stock tanked 10% within minutes in after-hours trading following the earnings release. But the stock nearly fully recovered before edging lower again as CEO Mark Zuckerberg, CFO David Ebersman and COO Sheryl Sandberg answered questions from analysts on a conference call. Shares were down 4% at the conclusion of the call, MOREHibah Yousuf - Jan 30, 2013 6:50 PM ET
Sina Corp., which operates China's Twitter-like microblogging site Weibo, posted a surprise second-quarter profit of $33.2 million, more than triple the amount a year ago.
The results, which included an 11% jump in revenue, blew investors away since analysts had predicted that the company would post a slim loss for the quarter. Shares of Sina (SINA), surged 14% to their highest level since May.
Sina's CEO Charles Chao noted that Weibo, which MOREHibah Yousuf - Aug 16, 2012 3:22 PM ET
We are now live on Twitter (finally) at the GS Annual Meeting. Follow us here for updates on our work, our research, and our people.— Goldman Sachs (@GoldmanSachs) May 24, 2012
Welcome to Twitter, Goldman Sachs! The above tweet is how @GoldmanSachs announced its entrance to the Twittersphere on Thursday and by Friday morning, the account had racked up more than 10,741 followers.
Goldman Sachs (GS) timed the launch of its Twitter account MOREMaureen Farrell - May 25, 2012 9:40 AM ET
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