https://motherboard.vice.com/en_us/article/wjygz5/sec-sues-tesla-ceo-elon-musk-for-fraud-420-weed > Elon Musk is being sued by the Securities and Exchange Commission (SEC) for fraud, according to court documents filed in Manhattan federal court on Thursday afternoon. > The Tesla CEO was being investigated for potentially misleading investors on August 7, 2018. Musk tweeted that he was “considering taking Tesla private at $420,” and had secured funding to do so.