Tesla Reportedly Faces Criminal Investigation

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What's more, Tesla managed to slowly but surely increase Model 3 production, with the company noting this week that the Model 3 during the September quarter was the "best-selling vehicle in the U.S. in terms of revenue and the 5th best-selling auto in terms of volume".

Earlier this year, Musk pledged to step up production of the Model 3 to 5,000 vehicles per week by the end of the second quarter.

Tesla shareholders earlier this month alleged in an amended class-action lawsuit that the company misled the public about Model 3 production.

The FBI is reviewing Tesla's Model 3 production numbers as a part of a deepening criminal probe into the company, according to a report. The former employees reportedly received subpoenas earlier in the investigation and many of them are now being interviewed by the FBI.

The company has cooperated in responding to what it called a "voluntary request" for documents from the Department of Justice in September, a Tesla spokesperson said.

The electric vehicle maker posted a net income of $311.5 million ($1.75 per share) during the quarter ended on September 30th, which compares with a loss of $619.4 million ($3.70 per share) in the year-ago quarter. Tesla Inc and Elon Musk have since agreed to pay $20 million each to financial regulators.

Lopetegui refuse de quitter le navire — Real Madrid
Julen Lopetegui , le coach madrilène, pourrait faire les frais de ce naufrage au Nou Camp. Il a aussi trouvé le poteau (61e) et expédié une volée brûlante du talon (89e).

To date, Australian Tesla staff have only been able to tell The Driven that a ballpark arrival date for the Model 3 in Australia would be after right hand drive production starts mid next year.

"Tesla had a good day", Ellison said after shares surged Thursday, according to Bloomberg.

The Journal reported that the FBI is investigating whether the company made projections about its Model Three production knowing it would be impossible to meet those goals.

This week Tesla reported a $311.5 million profit for the July-through-September period, its first quarterly profit in two years.

The DOJ was previously reported to be investigating comments Musk made on Twitter in August about potentially taking Tesla private. Those criticizing Tesla for not reaching a goal within established timeline should not forget that the company has achieved many goals that were deemed unrealistic by many.

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