April 18, 202504:59:33 PM

Tesla confirms criminal probe into Musk talk of going private

Tesla confirms criminal probe into Musk talk of going privateTesla confirmed Tuesday that US Justice Department officials were looking into possible criminal aspects of a seemingly spontaneous, and later aborted, announcement by chief executive Elon Musk on taking the electric automaker private. Tesla shares ended the formal Nasdaq trading day down 3.35 percent to $284.96. Tesla said it was confident the matter would be quickly resolved with the Justice Department.




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