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Tesla says Justice Department and SEC are investigating Model 3 production targets

Tesla says Justice Department and SEC are investigating Model 3 production targets

6 years ago
Anonymous $yysEBM5EYi

https://www.cnbc.com/2018/11/02/tesla-says-doj-and-sec-are-investigating-model-3-production-targets.html

The Securities and Exchange Commission and Justice Department are investigating Tesla's Model 3 production projections, the company said in a regulatory filing Friday.

The filing confirms an Oct. 26 article in The Wall Street Journal that said FBIagents were looking at whether Tesla misled investors about production of its Model 3 sedans. The FBI is the principal investigative arm of the Justice Department.