SEC Sends Subpoena to Tesla in Probe Over Musk Tweets

Subpoena seeks information from each of Tesla’s directors

Elon Musk's market-moving tweet about possibly taking Tesla private is just the latest erratic move in a tumultuous year for the CEO. Photo illustration: Heather Seidel/The Wall Street Journal

Federal regulators have subpoenaed Tesla Inc., ramping up an investigation into Chief Executive Elon Musk’s tweet last week that he had secured funding to take the electric-car maker private.

The subpoena from the Securities and Exchange Commission seeks information from each of Tesla’s directors, according to a person familiar with the matter. It isn’t known what information is being sought.

Representatives...