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| Version 1 | Version 2 |
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| Tesla 'to be probed by regulators' over privatisation plan | Tesla 'to be probed by regulators' over privatisation plan |
| (35 minutes later) | |
| Shares in Tesla have fallen 4% on reports that US regulators are seeking to question executives at the firm about its privatisation plans. | Shares in Tesla have fallen 4% on reports that US regulators are seeking to question executives at the firm about its privatisation plans. |
| Fox News tweeted that the US Securities and Exchange Commission (SEC) had sent subpoenas to the electric carmaker and was "ramping up" its investigation. | Fox News tweeted that the US Securities and Exchange Commission (SEC) had sent subpoenas to the electric carmaker and was "ramping up" its investigation. |
| Last week, boss Elon Musk said he was considering taking Tesla private, but some have questioned his intentions. | Last week, boss Elon Musk said he was considering taking Tesla private, but some have questioned his intentions. |
| Both Tesla and the SEC declined to comment on the Fox report. | Both Tesla and the SEC declined to comment on the Fox report. |
| On Tuesday, Tesla's board of directors said it had not received a formal proposal from Mr Musk. | On Tuesday, Tesla's board of directors said it had not received a formal proposal from Mr Musk. |
| This is despite the fact that the firm has created a special committee of three directors to evaluate any such proposal. | This is despite the fact that the firm has created a special committee of three directors to evaluate any such proposal. |
| While US companies are allowed to make announcements via social media, typically they also make a simultaneous regulatory filing. | While US companies are allowed to make announcements via social media, typically they also make a simultaneous regulatory filing. |
| Mr Musk's tweet may have violated US securities law if it turns out to be untrue, lawyers said. | Mr Musk's tweet may have violated US securities law if it turns out to be untrue, lawyers said. |
| Mr Musk announced on Twitter on 7 August that he was considering taking Tesla private at $420 (£330) a share, and that "funding [is] secured". | |
| On Monday, he said financing for the deal had been discussed with Saudi Arabia. | On Monday, he said financing for the deal had been discussed with Saudi Arabia. |
| The colourful entrepreneur says he wants to de-list the struggling carmaker to take it out of the glare of Wall Street. | The colourful entrepreneur says he wants to de-list the struggling carmaker to take it out of the glare of Wall Street. |
| If the plan goes ahead, it will be the biggest deal of its kind, valuing the company at $70bn (£55bn). | If the plan goes ahead, it will be the biggest deal of its kind, valuing the company at $70bn (£55bn). |
| However, his comments - which caused shares in Tesla to jump 11% before falling back - have landed him a lawsuit from unhappy investors. | However, his comments - which caused shares in Tesla to jump 11% before falling back - have landed him a lawsuit from unhappy investors. |
| Short-sellers, who bet on share price falls, allege he misled the market. | Short-sellers, who bet on share price falls, allege he misled the market. |
| Mr Musk, who owns a fifth of the company, has complained previously about "negative propaganda" from short-sellers. | Mr Musk, who owns a fifth of the company, has complained previously about "negative propaganda" from short-sellers. |
| The plaintiff in the case, Kalman Isaacs, alleges the announcement was aimed at "completely decimating" short-sellers. | The plaintiff in the case, Kalman Isaacs, alleges the announcement was aimed at "completely decimating" short-sellers. |
| Mr Musk, who also founded satellite launching company SpaceX, is no stranger to controversy. | Mr Musk, who also founded satellite launching company SpaceX, is no stranger to controversy. |
| Only last month he was forced to apologise for insulting a British diver involved in rescuing a youth football team from a cave in northern Thailand. | Only last month he was forced to apologise for insulting a British diver involved in rescuing a youth football team from a cave in northern Thailand. |