Electrifying; also see Tesla CEO Musk’s Upbeat Tweets About China Boost Stock (Re/code)
"Tesla Motors Inc. rose after Chief Executive Officer Elon Musk said on Twitter that a “major new Tesla product line -- not a car -- will be unveiled” April 30 at the company’s Hawthorne, California, design studio.Tesla Climbs as Tweet Spurs Electricity-Storage Speculation - Bloomberg Business
Musk in the posting Monday didn’t give details about the product. The announcement probably will be related to stationary storage batteries for residential customers, Trip Chowdhry, an analyst at Global Equities Research, said in a note. Tesla has been testing such systems in as many as 250 households in California for the past two years, Chowdhry said."