https://motherboard.vice.com/en_us/article/wjygz5/sec-sues-tesla-ceo-elon-musk-for-fraud-420-weed

Elon Musk is being sued by the Securities and Exchange Commission (SEC) for fraud, according to court documents filed in Manhattan federal court on Thursday afternoon.

The Tesla CEO was being investigated for potentially misleading investors on August 7, 2018. Musk tweeted that he was “considering taking Tesla private at $420,” and had secured funding to do so.