Tesla Driver Cited in Pennsylvania Crash Amid Autopilot Probes
- Accident report makes no reference to automated driving
- New case unfolds in Montana; WSJ Says SEC reviewing Tesla
Is the SEC Investigating Tesla?
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Tesla Motors Inc.’s Autopilot technology continues to draw scrutiny, with drivers claiming it was engaged during accidents and a news report that federal regulators are probing a possible securities law violation.
The federal Securities and Exchange Commission is reviewing whether Tesla, which sold $1.4 billion in stock in mid-May to pay for expanded production, withheld material information about a fatal crash in Florida earlier in the month, the Wall Street Journal reported Monday, citing a person familiar with the matter.