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Elon Musk plans to announce some Tesla news on Thursday a?? herea??s what Wall Street is expecting (TSLA)

Elon Musk plans to announce some Tesla news on Thursday a?? herea??s what Wall Street is expecting (TSLA)
Diego Donamaria/Getty Images for SXSW



Tesla is set to announce news today at 5 pm Pacific, CEO Elon Musk announced this week.




The timing is interesting, given the billionaire's renewed spat with federal regulators.




Wall Street is speculating that the news could be a long-awaited base-model Model 3 or an autonomous update.



Elon Musk announced this week that "some Tesla news" will come at 2 pm on Thursday at 2 pm PT this week.
Due to its timing — right in the middle of a renewed fight with federal regulators and amid a flurry of Twitter memes — the cryptic hint has fueled a flurry of speculation.
Ahead of the announcement, Ben Kallo, an analyst at Baird, declared Tesla a "fresh pick" and re-affirmed his $465 price target — one of the highest on Wall Street. Regardless of what the news ends up being, he says it should help the stock pick up steam.
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