Elon Musk, CEO of the electric car company,
wrote on Twitter that it was "about time to unveil the D and
An image that accompanied the tweet suggested the unveiling
might include a new vehicle model.
Shares were up 3 percent to $247.50 before the bell. The stock
has rallied about 60 percent in the year to date, building on
last year's surge of more than 340 percent.
Twitter Inc <TWTR.N> also advanced in the premarket session, up
2.4 percent to $51.28 after JPMorgan upgraded the social network
to "overweight" from "neutral" and raised its price target on
the stock by $10 to $64.
"Twitter is a primary beneficiary of the shift toward mobile
advertising ... and we are increasingly confident in the
company’s ability to grow users over time," the firm wrote in a
note to clients.
Futures snapshot at 0741 EDT:
* S&P 500 e-minis <ESc1> were up 3 points, or 0.15 percent, with
183,648 contracts changing hands.
* Nasdaq 100 e-minis <NQc1> were gaining 6.25 points, or 0.16
percent, in volume of 29,829 contracts.
* Dow e-minis <1YMc1> were up 11 points, or 0.07 percent, with
24,397 contracts changing hands.
(Editing by Bernadette Baum)
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