Elon Musk is being investigated by the SEC for Tesla self-driving claims

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Elon Musk is being investigated by the SEC for Tesla self-driving claims

Tesla CEO Elon Musk is being investigated by the Securities and Exchange Commission (SEC) for specific comments and efforts to promote the automaker’s claims about its “self-driving” capabilities. The SEC’s investigation into Musk is part of the SEC’s larger effort to determine whether Tesla violated its rules in promoting its FSD and Autopilot offerings.

The SEC does not typically comment on ongoing investigations before formally filing suit, and has not done so in this case. Recent revelations, however, may explain why Musk is on their radar when it comes to Tesla’s “self-driving” technology: Last week, testimony from a senior engineer on Tesla’s Autopilot software team revealed that a video released by the company in 2016 purporting to show a Tesla vehicle driving itself was in fact staged. According to subsequent Bloomberg reporting, Musk oversaw and directed the video.

Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

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Tesla CEO Elon Musk is being investigated by the Securities and Exchange Commission (SEC) for specific comments and efforts to promote the automaker’s claims about its “self-driving” capabilities. The SEC’s investigation into Musk is part of the SEC’s larger effort to determine whether Tesla violated its rules in promoting its FSD and Autopilot offerings.

The SEC does not typically comment on ongoing investigations before formally filing suit, and has not done so in this case. Recent revelations, however, may explain why Musk is on their radar when it comes to Tesla’s “self-driving” technology: Last week, testimony from a senior engineer on Tesla’s Autopilot software team revealed that a video released by the company in 2016 purporting to show a Tesla vehicle driving itself was in fact staged. According to subsequent Bloomberg reporting, Musk oversaw and directed the video.

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Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

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