Tesla Formal Investigation Begins

The SEC has opened a formal investigation regarding Elon Musk's tweet about his going-private plans according to MarketWatch. Regulators have been looking at Musk's tweet from last week stating that funding for taking the car maker private was "secured."

Wall Street's Yearning for Quick Tesla Verdict Hits SEC Snarl

SEC Sends Subpoenas to Tesla Regarding Privatization Plans, Fox Reports