Yahoo Finance TSLA: Tesla Motors Inc.'s New Product Announcement Sparks Snark On Twitter
Tuesday morning, Elon Musk teased a new Tesla Motors (ticker: TSLA) product on Twitter. By the time of the product's announcement Tuesday afternoon, it was Twitter (TWTR) users doing the teasing.
Tesla product announcement at noon California time today
-- Elon Musk (@elonmusk)
Speculation loomed about what the product would be, and the company ultimately revealed the P100D battery pack with Ludicrous mode to go in its Model S and Model X vehicles -- making the Model S currently the fastest production car in the world, according to a company blog post.
After so much anticipation, however, not everyone in the Twitterverse was impressed.
Just glad it wasn't another streaming music service #tesla
-- thissortofthing (@thissortofthing)
Tesla announced new faster S and X with greater range. Stock market not impressed. Share price falling after pre-embargo bubble.
-- James (@JamesMCR90)
Don't want to spoil Tesla's show but since when is 0-60 mph the only performance criteria?
"Fastest production car" sounds a bit exaggerated
-- Hristo Kosev (@hkosev)
I guess the announcement was ok, but to much hype for it - Tesla's new 100kWH batteries https://t.co/94uvnMhjID via @verge
-- Ed Rivera (@eRRenan)
Just a new battery pack? What a let down. #TESLA #TSLA
-- JohnnyBravo (@bravo90078)
Though this could explain Musk's thought process:
@elonmusk normally lets Tesla hype build for days. Does this mean $TSLA announcement will be small-time? https://t.co/wtx1SpBi63
-- Ed Carson (@IBD_ECarson)
This all said, Twitter users pointed out the move is also nothing to snuff at.
Goal in life is now to own a Tesla Model S P100D, 0-60 in 2.5 seconds
-- Evan Johnson (@ReallyEvan)
New @TeslaMotors Model S can travel from San Francisco to Los Angeles without recharging https://t.co/rU3NZtsGWe
-- Douglas Morino (@douglasmorino)
After climbing throughout the day, TSLA shares plunged by 1.3 percent on the announcement before staging a mild rally. All in all, Tesla stock ended the day up 0.86 percent, with a whopping 4.75 million shares traded.
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David Oliver is Associate Editor, Social Media at U.S. News & World Report. Follow him on Twitter, connect with him on LinkedIn, or send him an email at doliver@usnews.com.
