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Re: usgirls post# 23751

Thursday, 02/13/2020 11:34:26 AM

Thursday, February 13, 2020 11:34:26 AM

Post# of 90058
SEC Probes Tesla Over Financing Arrangements -- Update

Source: Dow Jones News

By Dave Sebastian

Tesla Inc. is facing fresh regulatory scrutiny over its financing arrangements and accounting practices, as it looks to raise more than $2 billion from a stock sale to help accelerate its ambitious vehicle production plans.

The electric-car maker said Thursday the Securities and Exchange Commission issued it a subpoena in December seeking information regarding certain financial data and contracts on Tesla's regular financing arrangements.

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