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Tesla facing criminal probe over Musk statements: report
Tesla is facing a criminal probe from the Justice Department (DOJ) over public statements made by CEO Elon Musk, according to Bloomberg News.
The investigation stems from an August tweet from Musk that said he had secured funding to take the company private.
The criminal probe is running alongside a civil inquiry by securities regulators related to the same tweet.
In a company statement last month, Musk defended his tweet, saying Saudi Arabia's sovereign wealth fund had approached him several times over the past two years about taking Tesla private.
In the week following Musk's tweet, Tesla's shared jumped 10 percent, prompting a series of lawsuits over stock manipulation.
"Last month, following Elon's announcement that he was considering taking the company private, Tesla received a voluntary request for documents from the DOJ and has been cooperative in responding to it," a Tesla spokesperson told The Hill in a statement. "We have not received a subpoena, a request for testimony, or any other formal process. We respect the DOJ's desire to get information about this and believe that the matter should be quickly resolved as they review the information they have received."
Musk's tweets continue to cause problems for him. On Monday, a British cave diver involved with the recent Thai cave rescue sued Musk for calling him a "pedo guy."
Updated at 1:09 p.m.