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SEC examining Elon Musk tweets about taking Tesla private: report

SEC examining Elon Musk tweets about taking Tesla private: report

Tesla CEO Elon Musk could be the subject of a new investigation by the U.S. Securities and Exchange Commission following his Tuesday tweet saying he wanted to take the electric car company private.

The SEC has inquired with Tesla about Musk’s tweet and a regulator is studying if Musk’s statement in the tweet was truthful, the Wall Street Journal reported Wednesday, citing “sources.” The report also said the SEC inquired why Musk made the disclosure on Twitter.

The Journal said the SEC’s inquiries originated from its San Francisco office and suggest Tesla might come under an enforcement investigation “if regulators develop evidence that Mr. Musk’s statement was misleading or...

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