Regulation

SEC sends subpoena to Tesla over Elon Musk tweets

Subpoena seeks information from each of Tesla’s directors

Elon Musk
Elon Musk Photo: Getty Images

Federal regulators have subpoenaed Tesla, ramping up an investigation into chief executive Elon Musk’s tweet last week that he had secured funding to take the electric-car maker private.

The subpoena from the Securities and Exchange Commission seeks information from each of Tesla’s directors, according to a person familiar with the matter. It isn’t known what information is being sought.

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