Breaking: SEC Investigating Tesla for Possible Securities Law Breach Dow Jones cites source in developing story.

By Anita Balakrishnan Jul 11, 2016

Share

This story originally appeared on CNBC

The U.S. Securities and Exchange Commission is investigating Tesla Motors over a potential securities law breach, the Wall Street Journal reported on Monday.

The early-stage investigation comes after Tesla didn't notify investors of a fatal crash involving its Autopilot function, an unnamed source told the Journal. Tesla has said that May 7 crash was not a "material" event, the Journal said.

This story is developing. Please check back for further updates.

Anita Balakrishnan

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

I Turned Down a $7 Million Deal After a Shocking Conversation With the Investor. My 'No' Led to a Surprise Email and $100 Million Exit.
'Essential Piece of the Puzzle': Why Nuclear Energy Is Crucial for AI, According to the CEO of a $700 Million Startup
How a Deck of Tarot Cards Became Central to My Business Decisions
These Are the 'Wealthiest and Safest' Places to Retire in the U.S. None of Them Are in Florida — and 2 States Swept the List.
She Turned to Side Hustles to Pay Off $114,000 in Student Loans. Now, Her Cleaning Business Is Worth $1 Million.
'A Lot More Innovation in Store' — Taco Bell's CMO Says 2025 Will Bring Another Live Más Live and a Return to the Super Bowl. Here Are the Details.

Most Popular

See all

Living

These Are the 'Wealthiest and Safest' Places to Retire in the U.S. None of Them Are in Florida — and 2 States Swept the List.

More than 338,000 U.S. residents retired to a new home in 2023 — a 44% increase year over year.

By Amanda Breen

Business News

DOGE Leaders Elon Musk and Vivek Ramaswamy Say Mandating In-Person Work Would Make 'a Wave' of Federal Employees Quit

The two published an op-ed outlining their goals for their new department, including workforce reductions.

By Sherin Shibu

Starting a Business

This Sommelier's 'Laughable' Idea Is Disrupting the $385 Billion Wine Industry

Kristin Olszewski, founder of Nomadica, is bringing premium wine to aluminum cans, and major retailers are taking note.

By Jon Bier

Starting a Business

He Started a Business That Surpassed $100 Million in Under 3 Years: 'Consistent Revenue Right Out of the Gate'

Ryan Close, founder and CEO of Bartesian, had run a few small businesses on the side — but none of them excited him as much as the idea for a home cocktail machine.

By Amanda Breen

Business News

These Are the Highest Paying Jobs Available Without a College Degree, According to a New Report

The median salaries for these positions go up to $102,420 per year.

By Sherin Shibu

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

By Eve Gumpel