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Tesla jumps 1.6% as Musk drops word of afternoon product announcement

Aug. 23, 2016 11:33 AM ETTesla, Inc. (TSLA) StockTSLABy: Jason Aycock, SA News Editor256 Comments
  • Tesla Motors (NASDAQ:TSLA) has jumped off the flat line, now +1.6%, as Elon Musk drops word of a "product announcement" to come at 3 p.m. ET.
  • SolarCity (SCTY) is joining in, quickly up 1.1%.
  • Perhaps the product is "shares of stock," says Quoth the Raven Research, gibing about prospects for an equity raise.

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