Elon Musk: Your Tesla Car Will Soon ‘Follow You Like A Pet’

Daniel Fowler
November 3, 2018

United States regulators have demanded Tesla hand over information as part of a criminal investigation into whether Elon Musk's electric auto maker misled investors over its production figures.

The filing adds that Tesla is cooperating with a Justice Department request for information about Model 3 forecasts.

Tesla Inc. said on Friday it had received a subpoena from the Securities and Exchange Commission over forecasts it made about Model 3 production in 2017, a set of targets the electric vehicle company failed to hit on time.

The investigation threatens to drag Tesla back into trouble even as it appears to emerge from a year of turmoil. "But I think with Tesla, we really want to make products that people just love, that are heart-stopping".

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The remarkable footage from Madison, Wisconsin, has gone viral, helped by Tesla chief executive Elon Musk himself commenting on it. When it first began manufacturing the Model 3 in the summer of 2017, Mr Musk tweeted that it could be making 20,000 cars a month in December.

But the company also says if the government decides to take enforcement action "there exists the possibility of a material adverse impact on our business, results of operation, prospects, cash flows, and financial position".

Elsewhere in the interview, when asked about the killing of journalist Jamal Khashoggi by the very same Saudi regime that invests heavily in Tesla, Musk said that he would likely not accept its money moving forward, but stopped short of condemning the regime outright.

"To our knowledge no government agency in any ongoing investigation has concluded that any wrongdoing occurred", Tesla said.

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