U.S. regulators are investigating Elon Musk’s role in shaping Tesla Inc.’s self-driving car claims, the latest effort by watchdogs to scrutinize the actions of the world’s second-richest person.
The review is part of an ongoing Securities and Exchange Commission probe of the company’s statements about its Autopilot driver-assistance system, according to a person with knowledge of the matter who asked not to be identified discussing aspects of the investigation that haven’t been disclosed.
As Tesla’s chief executive officer, the veracity of Musk’s comments carry particular heft under the agency’s rules. The SEC declined to comment. Musk and his attorney Alex Spiro didn’t respond to requests for comment.