Tesla refused to release recording or transcript of an invitation-only meeting where profits and production forecasts were discussed. Elon Musk said the company's media team is 'fixing' the 'mistake.' More from russ1mitchell:
A closed Tesla store in East Hampton, N.Y. CEO Elon Musk said last week he would close most stores and move to online-only sales.
After a leaked transcript was made public online, even some of Tesla’s most ardent supporters began to complain. The SEC said Musk failed to have a Feb. 19 tweet approved by a company attorney as required. The tweet claimed Tesla would make “around 500,000 cars this year.” The statement was not true, and theThe original fraud charges stemmed from Musk’s claim, delivered in August by tweet, that funding had been secured for an $80-billion deal to take Tesla private. No such deal had been struck.
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