KEY POINTS
  • Musk's hubris after his now-infamous considering-going-private tweet could come back to haunt him with regulators, says Teresa Goody.
  • The Tesla co-founder and CEO abandoned the idea late Friday.
  • Musk's Aug. 7 tweet stunned Wall Street, and his actions since seem to have done little to quell concern among investors and regulators.

Elon Musk's hubris after his now-infamous tweet about possibly taking Tesla private could come back to haunt him with regulators, former Securities and Exchange Commission attorney Teresa Goody told CNBC on Monday.

The Tesla co-founder and CEO abandoned the idea late Friday, just weeks after he took to Twitter on Aug. 7, writing he's "considering taking Tesla private at $420 [per share]," adding, "Funding secured."