SpaceX owner and Tesla CEO Elon Musk makes a gesture during a conversation at the E3 Gaming Tournament in Los Angeles on June 13, 2019.
Mike Break | Reuters
According to Reuters, the SEC has launched an investigation in response to whistleblower complaints from former Tesla employees. Whistleblower dated September 24th.
The SEC did not immediately respond to the request for comment.
Tesla shares have fallen more than 20% from their recent 52-week highs on November 4th, according to news from the SEC survey. This means that Tesla shares are in the bear market.
The SEC is proceeding with an investigation after former Tesla employee Stephen Henks filed a whistleblower complaint in 2019. Henks, who worked as a Solar Field Quality Manager, was dismissed in 2020 and claimed to have been dismissed for suing Tesla. Safety concerns.
The US Consumer Product Safety Commission is also investigating automakers after Henks has filed a complaint with the authorities. CNBC previously reported..
Tesla shares slide after reports that the SEC has investigated a defect in solar panels
https://www.cnbc.com/2021/12/06/tesla-shares-slide-after-sec-reportedly-probes-solar-panel-defects.html Tesla shares slide after reports that the SEC has investigated a defect in solar panels