SEC Investigating Elon Musk Over Tesla\'s Self-Driving Claims

The Securities and Exchange Commission (SEC) is investigating Elon Musk for his role in claims made by Tesla regarding their vehicle\'s self-driving capabilities. This investigation is the latest scrutiny faced by the world\'s second richest man regarding the promises surrounding Tesla\'s autonomous driving technology.

US regulators are investigating Elon Musk’s role in shaping Tesla’s self-driving car claims, the latest effort by watchdogs to scrutinize the actions of the electric vehicle magnate. The U.S. securities regulator is specifically looking into Elon Musk\'s role in giving shape to EV maker Tesla\'s self-driving claims, Bloomberg News reported, citing a person familiar with the matter.

The investigation comes after allegations that Musk supervised a misleading presentation and subsequent statements regarding Tesla\'s "Autopilot" and "Full Self-Driving" features. U.S. stock market regulators are closely examining Elon Musk’s role in shaping Tesla Inc.’s self-driving vehicle claims, focusing on whether statements made were accurate and not misleading to investors.

The U.S. Securities and Exchange Commission is investigating claims made by Tesla CEO Elon Musk regarding the company\'s autopilot vehicle feature. The SEC is investigating Elon Musk’s role in promoting Tesla’s self-driving abilities and the underlying technology. This inquiry adds to the existing tension between Musk and the SEC, stemming from previous interactions related to social media use and company disclosures.

This probe by the SEC signifies a heightened level of regulatory oversight of Tesla\'s self-driving claims, and more specifically, the influence of Elon Musk in shaping public perception of the technology\'s capabilities. The U.S. securities regulator is investigating Elon Musk\'s role in shaping EV maker Tesla\'s self-driving claims, Bloomberg News reported, citing a person with knowledge of the situation.