Monday, November 12, 2018


Tesla finally receives court summons from US financial watchdog related to production estimates for its Model 3 car

City & Finance Reporter for the Daily Mail

Tesla has finally received a court summons from the US financial watchdog related to production estimates for its Model 3 car.

The US Securities and Exchange Commission is looking at whether Tesla misled investors. 

Claim: Tesla's boss Elon Musk said the company would make 10,000 cars a week this year

Claim: Tesla’s boss Elon Musk said the company would make 10,000 cars a week this year

Tesla’s boss Elon Musk claimed the company would make 10,000 cars a week this year. It only managed to hit 5,000 in July.

Tesla is looking to build more cars in China to reduce the impact of trade tariffs.

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