Tesla CEO Elon Musk is dealing with scrutiny by the U.S. Securities and Trade Fee (SEC) concerning his particular feedback and efforts to advertise the automaker’s claims concerning its “self-driving” capabilities, Bloomberg stories. The SEC investigation into Musk is a part of its general efforts to find out whether or not Tesla has run afoul of its guidelines in selling its FSD and Autopilot providing.

The SEC doesn’t usually touch upon any ongoing investigations previous to formally submitting go well with, and has not commented on this case specifically. However current revelations could clarify why Musk is of their crosshairs in the case of Tesla “self-driving” expertise: Final week, testimony given by a senior engineer on the Tesla group engaged on its Autopilot software program revealed {that a} video the corporate launched in 2016 purporting to indicate a Tesla automobile driving itself was in reality staged. Reporting by Bloomberg later revealed that the video was overseen and directed by Musk himself.

After all, the SEC’s area isn’t security claims, however it does take challenge with public corporations or firm govt officers making forward-looking claims which can be false or deceptive. That’s apparently what they’re involved about right here – Musk has usually steered FSD would attain basically driver-free navigation capabilities in timelines that haven’t ended up proving correct.

Based mostly on what the SEC determines following its investigation, we might lawsuits or different penalties for Musk together with limitations on his future exercise as an officer of a public firm in the event that they select to pursue enforcement of any violations they discover.