Elon Musk gave detailed financial guidance for Tesla — in a tweet at 1:11 a.m. PT Friday — boosting the electric car maker's stock.

The tweet was a reply to The Economist.

"The Economist used to be boring, but smart with a wicked dry wit. Now it's just boring (sigh). Tesla will be profitable & cash flow+ in Q3 & Q4, so obv no need to raise money," Musk said in response to a tweet from The Economist.

Tweet Link

Musk's comments appear to offer additional detail on the timing of the company's profitability later this year versus the previous guidance given by the electric car maker.