Elon Musk Faces SEC Investigation Over Tesla Self-Driving Claims via insideevs.com
’s self-driving claims, to find out whether or not the CEO’s forward-looking statements about Autopilot may have been inappropriately made, leading to an increase in desirability for the company’s models even though the features he described were far from ready for deployment.
On its official website, the SEC’s mission is described as being “to protect investors; maintain fair, orderly, and efficient markets; and facilitate capital formation. The SEC strives to promote a market environment that is worthy of the public's trust.” To this effect, the agency can investigate companies that are listed on the stock exchange, but its efforts don’t always lead to consequences.
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