This Week in Tesla: Elon Musk Claims High Demand for Updated S/X, Elon Musk Under SEC Investigation Once Again

Elon Musk Claims High Demand For Updated S/X -

In a recently leaked email from Tesla CEO Elon Musk he began by saying that the Fremont factory was shut down for a few days due a supply chain hiccup, and used the time to give their workers a few days off and make some improvements to the assembly line. Here is the full email:

“We are experiencing some parts supply issues, so we took the opportunity to bring Fremont down for a few days to do equipment upgrades and maintenance.

Fremont production is back up and running as of yesterday and will speed up rapidly to full Model 3/Y production over the next few days.

Model S/X production lines are almost done with the retooling and will be aiming for max production next quarter. There is high demand, so we are soon going to need to go back to two shifts. Please recommend friends for recruiting.”

Elon Musk Under SEC Investigation Once Again -

Elon Musk is once again under the scrutiny of the SEC (Securities and Exchange Commission) due to his recent tweets about the cryptocurrency Dogecoin. Dogecoin was originally created to mock other cryptocurrencies but has recently gained a lot of publicity and the price has been increasing. Musk was previously under investigation from the SEC for market manipulation from this tweet in 2018. It is likely that either nothing will result from the investigation or Musk will have to pay a fine, but Musk is more than willing to be defiant of the SEC and has done so publicly.