Tesla's Elon Musk tweets about big announcement for Thursday

Elon Musk published a tweet promising a big announcement for Tesla Motors, with few details other than that he would put his money where his mouth is.

Tesla CEO Elon Musk and Senator Dianne Feinstein hold a press conference for the opening of Tesla's new manufacturing plant, the former New United Motor Manufacturing, on October 27, 2010. James Martin/CNET



After the tweet was posted, Tesla's shares jumped 4.23 percent.

Musk's second sentence in the tweet suggests he is backing something he said previously. At a press conference at the Geneva auto show earlier this month, Musk said the company's Supercharger network , fast chargers for the Tesla Model S , would be free to use for Tesla owners for life. He also said that solar cells installed at the Superchargers would make it so Tesla would not have to buy electricity from a utility.

Given that history, it seems likely Thursday's announcement might have something to do with the Supercharger network.

Tesla's Model S has reached full production from its Fremont, Calif., manufacturing plant. Tesla's year-end shareholder statement said that the next car, the Model X , would be delayed one year . Tesla has previously said it would eventually add a more affordable electric car to its lineup, but it seems unlikely that Thursday's announcement would have anything to do with that.

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