Tesla to be examined by SEC over Elon Musk's 'funding secured' tweet – report
by Edward Helmore in New York from Technology | The Guardian on (#3WGFN)
Regulator reportedly investigating as pressure builds on Musk to show he has raised $70bn to take company private
Tesla is likely to face investigation by US securities market regulators following the CEO Elon Musk's extraordinary tweet that he had "funding secured" to take the company private, according to a media report.
Related: Elon Musk grumbles at short-sellers, but is private ownership right for Tesla? | Nils Pratley
Continue reading...