The Securities and Exchange Commission (SEC) is ramping up its investigation into Tesla co-founder and chief executive Elon Musk after he tweeted last week that he was considering taking the electric carmaker private, and said “funding secured”, FOX Business’ Charlie Gasparino exclusively reported. The investigation is now "formal", Gasparino noted. “They’re between a rock and a hard place on this one,” Gasparino said. “[On one hand] it looks like what Elon Musk said when he said funding was secured, particularly after his statements recently, was not accurate. They don’t have the funding actually secured. They’re ... (full story)