SEC Reportedly Investigating Tesla Motors

Tesla Motor's (TSLA) - Get Report shares are in the spotlight again after news that the Securities and Exchange Commission is reportedly looking into the company over its failure to disclose a deadly accident that occurred in one of its vehicles prior to a secondary stock offering. The company said it notified regulators of the crash soon after, but did not tell investors until the National Highway Traffic Safety Administration announced an investigation into the accident at the end of June. Shortly after the crash, Tesla went ahead with a secondary stock offering and raised $1.7 billion dollars.