Tesla says it hasn't been informed of SEC investigation
- Autor: Michael Mitchell Jul 12, 2016,
Jul 12, 2016, 4:11
He said he hoped to publish details later in the week.
In Musk parlance, this is nothing out of the ordinary.
Musk's cryptic tweet came as Tesla battles against increasingly skeptical investors over its current business plan.
The old post discussed Tesla's early forays into affordable, non-sports electric cars and the vehicles which would become the Tesla 3 sports sedan, and the Tesla S four-door auto, so there's a good chance he's about to preview a major new release. A former SEC attorney told the paper he was "very skeptical" that a court would find Tesla in the wrong, given that the carmaker's stock bounced back very quickly after news of the crash broke.
Wall Street also gave a big thumbs down to Tesla's proposal to acquire alternative energy company SolarCity.
What investors will be watching for with "Part 2" of the corporate blueprint is proof that his proposed acquisition of Solar City makes financial and strategic sense.
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A Tesla spokesperson said Monday that the company has not received any communication from the SEC.
There are a few four-door sedans in Tesla's lineup, but how about station wagons, thumb-shaped smart cars and maybe even more efficient pickup trucks?
Alongside advancing Tesla, Musk is also working on the Hyperloop, a high-speed transport system that will take people from Los Angeles to San Fransisco in under forty minutes. The company inexplicably delayed in informing about the accident, which was only done after the National Highway Traffic Safety Administration (NHTSA) announced a preliminary investigation on June 30.
The update is no doubt a bid to try and counteract the negative press Tesla have been receiving recently.
Tesla said on Friday that it is cooperating with the KBA, which reports to the Transport Ministry, to review components.
Tesla is usually quick to respond to such news about its cars but it's yet to comment on this particular accident. The Tesla driver was dead at the scene.