Tesla likely to face SEC investigation following Musk tweets amid debate of market manipulation

Elon Musk’s lawyers are probably poring over rule 14e-8 of the Securities Exchange Act of 1934 right about now.

That regulation is the one the Tesla CEO may or may not have violated when he sent the markets into a frenzy and halted trading in Tesla’s shares after nonchalantly tweeting Tuesday that he was thinking about taking the electric car company private and had “funding secured,” securities lawyers say.