https://www.techradar.com/news/musks-tesla-position-uncertain-as-us-regulators-sue-musk-for-fraud > The future of Tesla looks increasingly uncertain, with US regulators having filed a lawsuit this week against the automaker’s high-profile CEO, Elon Musk. > According to Reuters, the Securities and Exchange Commission (SEC) moved to sue Musk for fraud, for tweets claiming he had "Funding secured" to take the publicly-floated company private, which never materialized.