Tesla CEO’s Twitter Post Adds to Social Media Comment Fray

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Tesla Motors Inc. Chief Executive Officer Elon Musk stoked the controversy over giving out corporate information on social media with a Twitter post that the electric-car company will make a “really exciting” announcement next week.

The company’s shares rose for a second day after Musk wrote yesterday that he planned to “put my money where my mouth is in v major way” on April 2. The 41-year-old billionaire said he pushed back the timing of the Palo Alto, California-based Tesla’s announcement from March 28, the date given in an earlier post, “to ensure no end of quarter distractions.”