Tesla Self-Driving DOJ Investigation Is Looking At Securities And Wire Fraud, Report Says [Forbes]
Tesla, Inc. (TSLA)
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Source: Forbes
fraud related to concerns that the company and its CEO Elon Musk have oversold their cars' self-driving capabilities, according to a new report from FILE - Tesla vehicles charge at a station in Emeryville, Calif., Aug. 10, 2022. (AP Photo/Godofredo ... [+] A. Vásquez, File) The electric car maker has been under investigation since 2021, reported at the time, prompted by a string of crashes that occurred while Tesla's partially automated driving system was activated—the car maker acknowledged the investigation in filings last year, disclosing it had received on various topics. The investigation has reportedly centered on Tesla's claims and marketing of the car's automation capabilities—the automation systems, for instance, are called “Autopilot” and “Full Self-Driving,” which has prompted scrutiny from regulators and other groups claiming it falsely suggests the cars are autonomous and don't require human supervision to operate. Over the years, Musk and Tesla have both hailed t
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- 5/13/24 - Form DEFA14A
- TSLA's page on the SEC website