The Securities and Exchange Commission investigated Tesla over the way it was selling its Model 3 sedan, but the company failed to tell investors about the probe, and may still be under federal investigation, according to a new report.
The firm led by CEO Elon Musk was under formal investigation by the securities regulator from June 2016 to May 2017, according to SEC documents.
‘Enforcement 40’ for 2020
Join Us On LinkedIn
Join the Securities Litigation and Enforcement Group on LinkedIn