‘Tesla Motors has been transparently working with European authorities since its inception beginning with the Roadster model and continuing that working relationship to include Whole Vehicle Type Approval of Model S, Model X and in the future, Model 3, ‘ the company said in the initial statement.
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SEC spokeswoman Florence Harmon declined to comment.
It is unclear what action, if any, the SEC will take. On Sunday, the 45-year-old C.E.O. launched the latest Tesla hype cycle by using Twitter to announce his “Top Secret Tesla Masterplan, Part 2”, which he says he is “hoping to publish later this week”. The investigation, initially involving the Florida Highway Patrol and the National Highway Traffic Safety Administration, has now been joined by the National Transportation Safety Board. I questioned him how can AP drove off the road himself, he said he also want to find out. Hartwig said he was speaking generally, and was not privy to the details of any applicable insurance in the Tesla accident.
“When Tesla told NHTSA about the accident on May 16th, we had barely started our investigation”, the blog post said.
Following a report in Monday’s edition of Wall Street Journal that Tesla is being probed for a breach of United States securities law, a spokesman for the electric carmaker said Tesla had not received “any communication from the SEC” regarding the Autopilot-related clash. According to a new report, a Tesla Model X crashed in Montana on Saturday night, and the driver is blaming Autopilot for the incident.
Autopilot is also a source of $2,500 to $3,000 of additional revenue on each Tesla vehicle sold, a non-insignificant amount for what is still a money-losing company with billions in future capital expenditures ahead of it.
Even with that crash aside, Tesla made a bid for solar-energy company SolarCity that nobody liked and shipments to customers have fallen in the past three months.
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As he closed the blog post, those objectives were enumerated as building a sports vehicle, using the proceeds to build an affordable one; using that money “to build an even more affordable” auto, and providing “zero emission electric power generation options”. Tesla’s secondary stock offering included several million dollars of shares belonging to Elon Musk, so he stood to lose personally if news of the crash had affected the stock offering.
