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."
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Create an account with the same email registered to your subscription to unlock access.
-
Ukraine hits Moscow with large drone attackUkraine's strike was the biggest drone attack on the Russian capital to date
-
Harris baits, debates Trump in feisty Philly face-offSpeed Read The first presidential debate between Donald Trump and Kamala Harris quickly grew combative
-
'This failure to reach out to the entire 9/11 community is unacceptable'Instant Opinion Opinion, comment and editorials of the day
-
Empty-nest boomers aren't selling their big homesSpeed Read Most Americans 60 and older do not intend to move, according to a recent survey
-
Brazil accuses Musk of 'disinformation campaign'Speed Read A Brazilian Supreme Court judge has opened an inquiry into Elon Musk and X
-
Disney board fends off Peltz infiltration bidSpeed Read Disney CEO Bob Iger has defeated activist investor Nelson Peltz in a contentious proxy battle
-
Disney and DeSantis reach detenteSpeed Read The Florida governor and Disney settle a yearslong litigation over control of the tourism district
-
Visa and Mastercard agree to lower swipe feesSpeed Read The companies will cap the fees they charge businesses when customers use their credit cards
-
Reddit IPO values social media site at $6.4 billionSpeed Read The company makes its public debut on the New York Stock Exchange
-
Housing costs: the root of US economic malaise?speed read Many voters are troubled by the housing affordability crisis
-
Feds cap credit card late fees at $8speed read The Consumer Financial Protection Bureau finalized a rule to save households an estimated $10 billion a year
