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Elon Musk may rue the 24-hour interval he tweeted "Funding secured." The SEC is already known to exist examining the deportment that led Musk to ill-carefully tweet that he had secured funding to accept Tesla private, simply according to new reports, the DOJ is investigating the situation every bit well. The entire affair reflects spectacularly poorly on Musk, whose erratic behavior this past summer and bound has been the subject of extensive reporting.

The criminal probe is running aslope the civil inquiry, according to Bloomberg, and Tesla confirmed existence contacted by the DOJ:

Last month, following Elon's announcement that he was considering taking the company individual, Tesla received a voluntary request for documents from the DOJ and has been cooperative in responding to it," the company said in a statement released Tuesday following Bloomberg'south study of the investigation. "We have not received a amendment, a request for testimony, or any other formal process. Nosotros respect the DOJ's desire to get information about this and believe that the matter should be apace resolved as they review the information they have received.

Tesla's shares were sent skidding lower by the annunciation but have since rebounded slightly.

Tesla-Share

Musk hasn't had the best of weeks. He'due south also facing a lawsuit from cave diver Vernon Unsworth, who has sued Musk for his remarks referring to Unsworth as "pedo guy." This was after Unsworth criticized Musk's proposed diving capsule, which the billionaire offered as part of the rescue try to achieve 12 Thai boys trapped in an hugger-mugger cave with their soccer bus earlier this summer. While Musk apologized initially, he after doubled down on the original accusation, telling Buzzfeed:

I advise that yous call people yous know in Thailand, find out what'southward actually going on and stop defending child rapists, you fucking asshole. He's an old, single white guy from England who's been traveling to or living in Thailand for xxx to 40 years, mostly Pattaya Beach, until moving to Chiang Rai for a child bride who was about 12 years quondam at the time.

Unsworth first traveled to Thailand in 2022, not thirty-twoscore years ago. He is in a long-term relationship with Woranan Ratrawiphukkun, xl. Musk has provided no testify whatsoever of his claims at whatever betoken, nor explained why he would attack a human he supposedly knew to exist a child molester via Twitter and email rather than turning over evidence to the regime.

Musk has been acting increasingly erratic throughout 2022. In addition to baselessly accusing people of being child rapists — his words, not ours — he's also blown off investors on conference calls, misrepresented data gathered from Tesla'south autopilot organisation in a fatal crash, attacked the NTSB publicly, demanded employees risk their own jobs to save contract positions at Tesla, and acknowledged in interviews that this year has been one of the most stressful of his life. The one thing he won't practice, at least thus far, is stay away from Twitter.

At present Read: Tesla Stock Hammered Later Elon Musk Throws Tantrum, Musk Decides Tesla Won't Become Individual, and Musk Will Fire Tesla Contractors Unless Employees Vouch for Them