SEC wraps investigation into Model 3 production numbers

SEC wraps investigation into Model 3 production numbers

The US SEC has closed its investigation into whether Tesla misled investors with its Model 3 production goals dating back to 2017. In a filing, Tesla said that the SEC closed the probe on December 4th, 2019. It added that on the same day, the SEC ’issued a subpoena seeking information concerning certain financial data and contracts including Tesla’s regular financing arrangements’.

Timothy
Timothy
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