According to CNBC, the Securities and Exchange Commission and Justice Department are investigating the company's Model 3 production projections. A subpoena can compel a company to turn over materials that the requesting agency wants to review. It is worth noting that Tesla recently settled a separate SEC probe over Musk's aborted plan to take the company private, and last week soothed investors' fears over its financial state by reporting its first profit in two years. A sketch of the novelties presented at the presentation of the first truck Tesla. As a auto company, if it was to import and sell its cars here, it would have to charge very high prices - a Model S would cost upwards of Rs 1 crore in India. It didn't hit the 5,000-a-week target until June 2018.More news: Accused Mexican drug lord 'El Chapo' faces USA trial
In the absence of a reliable supply chain and with no local factory to assemble the cars, Model 3 hasn't yet been launched in India.
A former Tesla employee, Martin Tripp, sought whistleblower protection and filed SEC complaints claiming that Musk had overstated production numbers, which Tesla has disputed.More news: Oprah endorses Stacey Abrams and Twitter is here for it!
The settlement required Tesla and Musk to pay a fine of $20 million each and for Musk to give up his chairman role for three years.
The company said then it had booked $52 million in "zero emission vehicle" credit sales. However, the futuristic design is what Musk is now most "fired up" about. He also said that the finished model will be large number of titanium components.More news: O'Brien's The Cliffsofmoher suffers fatal injury in Melbourne Cup
The interview also delved into the company's plans for a Model Y crossover SUV, and the upcoming revamp of Tesla's Roadster.