Tesla CEO Elon Musk sued by SEC for fraud over 'funding secured' tweet Tesla CEO Elon Musk sued by SEC for fraud over 'funding secured' tweet September 27, 2018 dzadmin Comments 0 Comment Elon Musk was sued by the Securities and Exchange Commission for his explosive August tweet about taking Tesla private, putting him suddenly in jeopardy of losing control over the electric-car company he co-founded.