Now Tesla could face criminal charges for Musk's 'taking Tesla private' tweet

Tesla CEO Elon Musk's tweet from more than a month ago keeps biting him in the... well you know.

When Musk mused on Twitter on Aug. 7 about "taking tesla private at $420" it sent everyone into a tizzy.

Am considering taking Tesla private at $420. Funding secured.

— Elon Musk (@elonmusk) August 7, 2018

And then there were the real consequences like a U.S. Securities and Exchange Commission investigation and lawsuits from shareholders. 

SEE ALSO: Why Elon Musk can get away with tweeting about Tesla's business plans

Eventually Musk called off the privatization talks, but now the electric car maker is reportedly facing possible criminal charges for fraud based on that same tweetBloomberg News reported Tuesday that the U.S. Department of Justice is investigating the company.  Read more...

More about Twitter, Tesla, Elon Musk, Fraud, and Tech

COntributer : Mashable https://ift.tt/2pk9RUw

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