Is The Tesla Motors Inc (TSLA) ‘D’ A Truck Or Van?

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Tesla Motors Inc (NASDAQ:TSLA) may be getting ready to unveil a new electric truck or van, Karl Brauer, senior analyst at KBB.com, a website by Kelley Blue Book’s, told The Street.

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The speculation that Tesla Motors Inc (NASDAQ:TSLA) will be unveiling a new kind of electric vehicle was sparked by a viral post on Twitter on Thursday by the company’s billionaire founder, Elon Musk.

“I think the ‘D’ could be some sort of truck or van. We’ve already seen a sports car, luxury sedan, SUV and entry-luxury sedan from Tesla. There were rumblings he wanted to do a truck several months ago, and of course that market, along with the van market, is extremely active right now,” Karl Brauer, senior analyst at KBB.com, a website by Kelley Blue Book’s, is quoted by the publication as saying.

Musk said in a tweet with a photo of a silhouette of a car that it’s “About time to unveil the D and something else”.

The peculiar phrasing of the announcement which is about a Tesla Motors Inc (NASDAQ:TSLA) event on October 9, did not escape netizens who in turn let Musk know about their thoughts. Apparently, the billionaire found the comments funny.

 

Tesla Motors Inc (NASDAQ:TSLA) is developing the Model X and the Model E. The former is a crossover vehicle expected to be released next year while the latter is a more affordable sedan that is set to be launched in 2017. However, as Brauer noted, the company has been rumored to be developing more vehicles under wraps.

Daniel Benton’s Andor Capital Management reported owning 1.25 shares of Tesla Motors Inc (NASDAQ:TSLA) by the end of the first half of the year.

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