Tesla receives SEC subpoena about Model 3 production numbers

Tesla delivered an awesome earnings surprise. How come no one saw it coming

A woman walks past a Tesla showroom in Washington D.C

AdvertisementThe Tesla and SpaceX CEO briefly shared his thoughts on the company during an hour-long interview with Recode's Kara Swisher.

Both the SEC and U.S. Department of Justice are looking at whether Tesla misled investors about its business.

"It's important to have an electric sports auto that's faster than the fastest gasoline sports vehicle", Musk said.

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It would not share any details about what the accounts looked like, or how they were working to discourage voting. He did not say if these flagged posts were subsequently removed by Twitter .


The Summon feature was to become more capable as a result of vehicles equipped with a robust suite of sensors, radar, and cameras - which Tesla began producing in October 2016.

His bet on Tesla has been a source of concern for investors amid setbacks, as well as the delayed production of Model 3 sedans and the erratic behavior of Musk.

Tesla acknowledged in a quarterly regulatory filing on Thursday that it has received a subpoena from the SEC asking about the company's forecasts the company made in 2017 for Model 3 production.

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Dans l'intervalle, son mari demande d'ailleurs au gouvernement de " renforcer la sécurité " de son épouse " en prison ". Les proches d'Asia Bibi ont toujours souligné qu'il serait impossible qu'elle reste au Pakistan en cas d'acquittement.


The company originally said in its third-quarter earnings call previous year that it would reach full production of 5,000 Model 3s per week in the first quarter of 2018. It didn't hit the 5,000-a-week target until June 2018.

Musk and the company settled with the SEC in September to pay a US$20 million (RM83.2 million) fine each, with Musk stepping aside as Tesla's chairman for three years. A six week release time frame may be possible, but Musk and Tesla at large have a bit of a track record when it comes to missing deadlines.

"Also being public, particularly when everyone at the company's a shareholder, causes a lot of distraction when the share price moves around a lot", he said. Musk gave a presentation to PM Modi on the revolutionary technologies being developed by Tesla, which is likely to change the face of the motor industry and have wider implications on developing countries like India on renewable energy.

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Et d'asséner: " Jamais je n'aurais pu cacher un tel crime , c'est horrible. J'ai tenté de sortir une fois dans la cour mais j'ai reçu des projectiles.


Tesla shares closed up less than half a percent to $346.41 on Friday.

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