Tesla FBI Probe Getting More Serious

Things may have gone from civil to criminal down Tesla way.

Of course crony capitalism tends to breed dishonesty and Musk is absolutely a crony capitalist.

(From The Wall Street Journal)

Federal Bureau of Investigation agents are examining whether Tesla misstated information about production of its Model 3 sedans and misled investors about the company’s business going back to early 2017, people familiar with the matter say.

Action in the criminal investigation, headed by the U.S. attorney’s office in San Francisco, has intensified in recent weeks after the Securities and Exchange Commission settled separate civil charges with Tesla and Chief Executive Officer Elon Musk, the people said.

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