Tesla Is Said to Face U.S. Criminal Probe Over Musk Statements

The transcript discusses the involvement of the SEC and DOJ in investigating Tesla, focusing on the potential for criminal charges if there is evidence of intent to deceive investors. It explains the difference between civil and criminal liability and how companies can face compliance measures or fines. The transcript also highlights the role of public statements in triggering investigations, using Apple as an example.

What is the primary focus of the Justice Department when investigating a company like Tesla?

• To promote the company's products

• To increase the company's market value

• To ensure the company pays higher taxes

• To find evidence of specific intent to deceive investors

What is a common resolution when the Justice Department finds evidence of criminality in a company?

• Shutting down the company

• Imposing fines and improving compliance

• Increasing the company's stock price

• Awarding the company a government contract

How does the Justice Department typically handle cases where criminal behavior is not overly significant?

• By putting the company out of business

• By seeking resolutions without shutting down the company

• By increasing the company's taxes

• By ignoring the behavior

What triggered the Justice Department's investigation into Apple?

• Apple's involvement in a major merger

• Public statements about iPhone performance

• Apple's new product launch

• A significant drop in Apple's stock price

Why do the SEC and Justice Department investigate public pronouncements by companies?

• To increase the company's market value

• To promote the company's products

• To verify the accuracy of public statements

• To ensure companies are paying their taxes