Tuesday, July 12, 2016

SEC Investigating Tesla for Possible Securities Law Breach: Report


The Securities and Exchange Commission is investigating Tesla Motors over a potential securities law breach, the Wall Street Journal reported.

The early stage investigation comes after Tesla didn't notify investors of a fatal crash involving its Autopilot function, an unnamed source told the Journal. 

A spokesperson for the electric vehicle maker told CNBC that Tesla has not received any communication from the SEC regarding the information in the Journal report.  

Click here for the full article.

Source: NBC News

No comments: