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████ sub likely contains entire articles and possibly more, and probably needs a trimmin' ████

Submitted via IRC for Bytram

Original paywalled story appeared in The Wall Street Journal:

Tesla Faces Deepening Criminal Probe Over Whether It Misstated Production Figures [wsj.com]

Tesla Inc., with a fresh civil fraud settlement now behind it, faces a new legal problem: a deepening criminal investigation.

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.

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but an abridged version is available on MarketWatch:

Tesla faces deepening criminal probe over whether it misstated production figures [marketwatch.com]

Tesla Inc., with a fresh civil fraud settlement now behind it, faces a new legal problem: a deepening criminal investigation.

Federal Bureau of Investigation agents are examining whether Tesla TSLA, +3.00% [marketwatch.com]  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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Tesla had disclosed on Sept. 18 that it had received a “voluntary request” for documents from the Justice Department, 10 days before the company and Musk struck a settlement with the SEC of civil charges on in a separate case involving controversial tweets from Musk. But it hasn’t been previously reported that the Justice Department is focusing on Tesla’s Model 3 production issues dating to early last year and that the criminal securities-fraud probe is intensifying.

Tesla didn’t immediately respond to a request for comment. The Justice Department and SEC declined to comment.

An expanded version of this report appears at WSJ.com [wsj.com]

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Original Submission