The Justice Department has reportedly launched a criminal investigation into Tesla
Tesla CEO Elon Musk is not having a great week.
Shortly after being hit with a lawsuit by the Thai cave diver who he accused of being a pedophile, Musk's company is now facing a Justice Department investigation, Bloomberg reports. This is over Musk's now infamous tweet from August in which he said that he was "considering taking Tesla private at $420. Funding secured." The New York Times subsequently reported that despite what Musk said, he actually had not secured funding and that his tweet was more of a "flip remark."
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CNBC reports that immediately following Bloomberg's report of the Justice Department probe Tuesday, Tesla stock dropped, just as it did after Musk conducted a bizarre earnings call in May, got subpoenaed by the SEC in August, and smoked pot with Joe Rogan in September.
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