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The SEC has reportedly made inquiries to Tesla about Elon Musk's tweet regarding possibly taking the company private

The SEC has reportedly made inquiries to Tesla about Elon Musk's tweet regarding possibly taking the company private

elon musk

Lucy Nicholson / Reuters

Tesla CEO Elon Musk

The Securities and Exchange Commission launched an inquiry into Tesla about whether one of Elon Musk's tweets regarding taking the company private was truthful, $4 reports.

Musk went rogue on Twitter Tuesday saying that he was considering >$4for $420 per share and that he had "funding secured."

No details about funding have been disclosed, though. And according to a >$4posted after his tweets, no final decision has been made.

This is a developing story. Check back for updates.

Get the latest Tesla stock pricehere.>$4

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