Tesla likely to face SEC investigation following Musk tweets amid debate of market manipulation
https://www.cnbc.com/2018/08/08/tesla-likely-to-face-sec-investigation-following-musk-tweets.html
Elon Musk's lawyers are probably pouring over rule 14e-8 of the Securities Exchange Act of 1934 right about now.
That regulation is the one the Tesla CEO may or may not have violated when he sent the markets into a frenzy and halted trading of Tesla's shares after nonchalantly tweeting Tuesday that he was thinking about taking the electric car company private and had "funding secured," securities lawyers say.