SEC opens Tesla investigation over whistleblower claims- reports

60,000 affected by the issue

Elliot Gulliver-Needham
clock • 1 min read

The US Securities and Exchange Commission has opened an investigation into Tesla over a whistleblower complaint that the company failed to notify its shareholder and the public of fire risks from defects in its solar panel system, according to a letter seen by Reuters.

Reuters reported that the agency began the investigation after a Freedom of Information Act request by Steven Henkes, a former Tesla field quality manager, who filed a whistleblower complaint over fire risks in 2019. Musk hinted last week that the company was expecting whistleblower revelations to emerge, tweeting: "Blow the whistle on Tesla!" and including a link to a branded "Cyberwhistle" for sale on the company's website. Tesla investors are looking the other way on Elon Musk 'red flags' "We have confirmed with division of enforcement staff that the investigation from which you...

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