Tesla mentioned in a regulatory submitting it has obtained requests for info “including subpoenas, from the DOJ. These have included requests for documents related to Tesla’s Autopilot and FSD features” and different requests “associated with personal benefits, related parties, vehicle range and personnel decisions.”
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Reuters reported in October 2022 that Tesla was beneath a Justice Department felony investigation over claims the corporate’s electrical automobiles can drive themselves, citing individuals accustomed to the matter.
The Wall Street Journal reported in August that federal prosecutors have been additionally wanting into Tesla automobile efficiency claims in addition to Tesla’s use of firm funds on a secret mission described internally as a home for Chief Executive Elon Musk.
Reuters reported in July that Tesla vehicles usually fail to attain their marketed vary estimates and projections reported by the vehicles’ personal gear.
The National Highway Traffic Safety Administration for greater than two years has been investigating the efficiency of Autopilot after figuring out greater than a dozen crashes through which Tesla automobiles hit stationary emergency automobiles and whether or not they adequately guarantee drivers are paying consideration when utilizing the driving force help system.
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Tesla additionally mentioned its capital expenditure for 2023 would exceed the $7 billion to $9 billion goal it had laid out earlier this yr, because it ramps up output at its factories and gears as much as roll out new fashions. The firm’s spending is, nevertheless, anticipated to return to the $7 billion to $9 billion vary within the subsequent two years, a regulatory submitting confirmed.
Tesla was hesitating on its plans for a manufacturing facility in Mexico because it grapples with a turbulent financial outlook, Musk mentioned final week, warning rising rates of interest may have an effect on demand at Tesla, on prime of a margin-sapping worth struggle this yr to take care of gross sales.
Source: economictimes.indiatimes.com