US regulators subpoenaed Tesla production data, company says

News
tesla_1541171238412.JPG

DETROIT (AP) – U.S. securities investigators have subpoenaed information from Tesla about production forecasts for the Model 3 electric car that were made last year, the company acknowledged in a regulatory filing Friday.

The disclosure in Tesla’s quarterly financial report also says the Securities and Exchange Commission subpoena covered other public statements made about Model 3 production.

The filing also says Tesla is cooperating with a Justice Department request for information about production.

The Wall Street Journal reported last month that the FBI is doing a criminal investigation into whether Tesla misled investors by overstating Model 3 production forecasts.

Tesla Inc. says in the filing that to its knowledge, no government agency in an ongoing investigation has determined that it did anything wrong.

A company spokesman wouldn’t comment beyond the filing.

Find 8News on TwitterFacebook, and Instagram; send your news tips to iReport8@wric.com.

Copyright 2020 Nexstar Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

StormTracker 8

Trending Stories

More Trending Stories

Don't Miss

More Don't Miss

Local Events