Tesla Spikes Lower After Tweet By Motor Car Trends Speculating On Apple Car

Tesla Motors Inc.

shares are trading higher by $4.80 at $562.62 in Wednesday's session. At 2:28 PM it spiked from the $254 ares down to $250.66, when Motor Car Trends speculated on Twitter about an upcoming Apple Car. However, with no further confirmation of the much anticipated roll out of a car from Apple, the issue quickly rebounded. At this time, the rebound has been bumping up against the $253 level. The high for the day stands at $254,21. Its high for its recent rally was made on April 7 at $269,34, but the closing high for the recent rally was made the prior day at $265.42.