Tesla is being probed by DOJ ‘securities or wire fraud’ over self-driving claims

15 days ago
9

Tesla is being probed by the Department of Justice over its self-driving claims.

The DOJ is examining whether Tesla committed securities or wire fraud by misleading investors and consumers about its electric vehicles’ self-driving capabilities.

U.S. prosecutors are examining whether Tesla committed securities or wire fraud by misleading investors and consumers about its electric vehicles’ self-driving capabilities.

The government is specifically looking at statements by Tesla and its CEO Elon Musk.

Investigators are exploring whether Tesla committed wire fraud by misleading consumers about its driver-assistance systems.

They are also examining whether Tesla committed securities fraud by deceiving investors.

Many are questioning Elon Musk's statements about self-driving capabilities and the timeline for Full Self-Driving.

Some believe there should be legal consequences for these overstatements.

This investigation is not the first time the government has looked into Tesla over these issues.

The public is divided on the matter, with some expressing skepticism about the potential outcome.

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