SEC Investigates Musk For False Self-Driving Claims

Bloomberg News reports:

US regulators are investigating Elon Musk’s role in shaping Tesla Inc.’s self-driving car claims, the latest effort by watchdogs to scrutinize the actions of the world’s second-richest person.

The review is part of an ongoing Securities and Exchange Commission probe of the company’s statements about its Autopilot driver-assistance system. He personally directed the creation of a 2016 video that may have exaggerated the technology’s capabilities.

In a behind-the-scenes glimpse into Musk’s thinking about the Autopilot video, he told Tesla staff in internal emails in 2016, “I will be telling the world that this is what the car *will* be able to do.” Musk continued, “not that it can do this upon receipt.”

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