Shares of Tesla (NASDAQ: TSLA) rose on Monday after CEO Elon Musk said the electric vehicle (EV) maker's Model S Plaid luxury sedan is likely to make its debut in China in March.
By the close of trading, Tesla's stock price was up 1.7%, after rising as much as 5.7% earlier in the day.
"Model S Plaid is sickkkk!!!!," Musk said on Twitter early Monday morning. That led to a question asking when the new luxury vehicle would arrive in China. Musk replied, "Probably around March."
Source Fool.com