Tesla is under investigation by the U.S. Securities and Exchange Commission, The Wall Street Journal reported, for a possible securities law breach. What’s at issue is whether the electric vehicle company should have notified shareholders immediately following a fatal accident on May 7 that killed a Tesla Model S owner who was using Autopilot at the time of the crash. A spokesperson for Tesla said that the car company has not yet heard from the SEC regarding this matter.
Read more:
https://techcrunch.com/2016/07/11/tesla-under-investigation-for-possible-breach-of-securities-law-wsj-reports/?source=Snapzu
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