San Francisco Sep 19 (IANS) Electric car maker Tesla has confirmed that it is under probe by the US Department of Justice (DOJ) over its Chairman and CEO Elon Musk s announcement of talking the company private.
According to a report in NPR late on Tuesday Tesla said "it was complying with a Justice Department request for documents".
"Last month following Elon s announcement that he was considering taking the company private Tesla received a voluntary request for documents from the DOJ and has been cooperative in responding to it " a company spokesperson was quoted as saying.
"The matter should be quickly resolved as they review the information they have received " the spokesperson added.
It s not clear what the Justice Department is investigating said the report. Tesla is also under investigation by the US Securities and Exchange Commission.
On August 7 Musk surprised the investment world with a Twitter announcement that he was considering taking Tesla private and that the funds needed to do so were "secured".
Musk s tweet caused a financial firestorm with Tesla shares soaring like never before and Nasdaq had to intervene to halt trading.
Later Musk took a U-turn saying his investors were extremely important to him.
"Given the feedback I ve received it s apparent that most of Tesla s existing shareholders believe we are better off as a public company " Musk wrote in a blog post.
"Although the majority of shareholders I spoke to said they would remain with Tesla if we went private the sentiment in a nutshell was please don t do this " he added.

--IANS na/anp