Quote from Ndubuisi Ekekwe on October 24, 2023, 9:03 AM

The Securities and Exchange Commission (SEC) opens books for Tesla and the stock is crashing; 15% in five days.

The Justice Department has widened its investigation into Tesla, which it has already subpoenaed over driver assist features. Now the government is requesting information about the range of the company's electric cars, "personal benefits" and "personnel decisions," Tesla said in a quarterly filing with the Securities and Exchange Commission. News outlets have found that Tesla misled consumers about the driving range of its vehicles, which underperform in road testing. In September, federal prosecutors began "scrutinizing personal benefits" the automaker might have provided to Chief Executive Elon Musk.