UPDATE: Tesla says it has not received subpoena on Model 3 production. Seems like very sloppy reporting at the WSJ especially when information like this can mo

UPDATE: Tesla says it has not received subpoena on Model 3 production. Seems like very sloppy reporting at the WSJ especially when information like this can move markets. > (Reuters) - Tesla Inc (TSLA.O) said on Friday it had not received a subpoena from the U.S. Department of Justice regarding production guidance for its Model 3 sedans, in response to a Wall Street Journal story that said the electric carmaker was facing a deeper criminal probe.[4] >The FBI is reportedly looking into whether Musk or the company made projections which they knew they couldn’t meet. [2] This is wild! This makes 0 sense because Musk admitted a few months ago that he was wrong about automation at the factories. If that is the case, Musk really did believe he could produce those numbers. How is it possible to try someone of misstating something that was "impossible", when they constantly do the "impossible." This is what he said a few months ago on CBS This Morning on April 12, 2018: "“Excessive automation at Tesla was a mistake,” Musk wrote, responding to a Wall Street Journal reporter’s tweet. “Humans are underrated.” He also talked about this with CBS News’ Gayle King, adding “we had this crazy, complex network of conveyor belts….And it was not working, so we got rid of that whole thing.”"[3] For those that cannot read the WSJ article, this is what I think are the important statements that the WSJ stated: > A few months later in July, Mr. Musk sounded confident that Tesla would be producing 20,000 Model 3s a month in December 2017, in line with his previous pledge of having 5,000 vehicles a week by year’s end. “Looks like we can reach 20,000 Model 3 cars per month in Dec,” he tweeted on July 2, 2017, days before the first Model 3 rolled off the production line.[1] > In the early weeks of production, the company’s body shop, where the skeleton of the cars would take shape, wasn’t fully functional, according to an October 2017 article in The Wall Street Journal. Tesla was still hand-building parts of the Model 3s, and the body shop wasn’t fully installed until September, according to people quoted in the article that were familiar with the situation. [1] > Now the FBI is comparing the company’s statements with its production capability during 2017. [1] [1] (https://www.wsj.com/articles/tesla-faces-deepening-criminal-probe-over-whether-it-misstated-production-figures-1540576636 https://www.wsj.com/articles/tesla-faces-deepening-criminal-...) [2] (https://www.zerohedge.com/news/2018-10-26/fbi-investigating-if-tesla-misstated-info-about-model-3-production https://www.zerohedge.com/news/2018-10-26/fbi-investigating-...) [3] (https://techcrunch.com/2018/04/13/elon-musk-says-humans-are-underrated-calls-teslas-excessive-automation-a-mistake/ https://techcrunch.com/2018/04/13/elon-musk-says-humans-are-...) [4] (https://www.reuters.com/article/us-tesla-probe/tesla-says-it-has-not-received-subpoena-on-model-3-production-idUSKCN1N02LO?utm_source=applenews https://www.reuters.com/article/us-tesla-probe/tesla-says-it...)