Tesla has repeatedly missed its own production deadlines for the crucial Model 3 sedan, and is being investigated by multiple government agencies for misleading investors about its business.
The company said in a filing that no government agency in ongoing investigations has concluded that any wrongdoing occurred.
“It sounds like the SEC is looking at whether or not the projections that had been made were based on fact or not,” said Jay Dublow, a partner with Pepper Hamilton LLP.
