Sign up for our daily briefing
Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Denver news in your inbox
Catch up on the most important stories affecting your hometown with Axios Denver
Des Moines news in your inbox
Catch up on the most important stories affecting your hometown with Axios Des Moines
Minneapolis-St. Paul news in your inbox
Catch up on the most important stories affecting your hometown with Axios Twin Cities
Tampa Bay news in your inbox
Catch up on the most important stories affecting your hometown with Axios Tampa Bay
Charlotte news in your inbox
Catch up on the most important stories affecting your hometown with Axios Charlotte
Tesla Model 3 electric car. Photo: Smith Collection/Gado/Getty Images.
As Tesla and CEO Elon Musk wrapped up a settlement with the Securities and Exchange Commission, the FBI deepened an investigation into whether Tesla misstated information about the production of its Model 3 sedans and if the company deceived investors back in 2017, The Wall Street Journal reports.
The big picture: The FBI requested "documents from the Department of Justice about its public guidance for the Model 3 ramp," per Tesla. In February 2017, Tesla had an aggressive production plan for the Model 3 to make 5,000 vehicles a week in the fourth quarter of that year. The FBI will compare the company’s statements with its production capability from 2017.