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

Businesses Are Reviving This 1800s Holiday Tradition With a 'Surprise and Delight' Factor That Drives Sales — Here's How One Buzzy Brand Is Making It Work
I Was Fired From My Job at a Bank — Then Started a Multimillion-Dollar Company. Here's How I Turned Failure Into Success.
This Couple Started a Side Hustle Out of Their Volkswagen. It Made $1 Million a Month Last Year and Is 'So Fulfilling.'
She Became CEO of Her Whole Company By Raising Her Hand and Saying This
Over a Million People Have Recently Joined Bluesky, the Ad-Free X Alternative and Threads Competitor
This Might Be the Worst Type of Person to Hire, According to an Elite Special Operations Leader — Look for These Red Flags Before It's Too Late

Most Popular

See all

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