Both the SEC and U.S. Department of Justice are looking at whether Tesla misled investors about its business.
Joe Rogan Experience/YouTubeElon Musk was interviewed on The Joe Rogan Experience podcast, where he smoked pot on camera. "Apple did that for a long time, I still think, obviously, that Apple makes great phones ..."
He added: "It could have been that they were so keen to rush cars off the production line that they pulled out all the stops to hit their targets to keep investors happy and make a profit and this is the effect". "No one is likely to achieve [it] before Tesla", he said. After the lawsuit, Musk had to pay a fine of $20 million, according to the settlement made with the SEC.
Musk has said previously that Saudi Arabia's Public Investment Fund spoke with him several times since a year ago about taking Tesla private. He added that recessions, or unexpected events could derail the plan.
This is separate from the SEC's investigation into Musk's tweet that he would take the company private.
"Making a auto company successful is monumentally hard". He also argues that a fluctuating stock price is also a distraction within the company. People that buy F- whatever?
Among Tesla's upcoming products-the midsize SUV Model Y, a semi-truck for heavy transport, and the next generation Roadster-Musk is most excited about the upcoming pickup truck.
Well I can't talk about the details, but it's gonna be like a really futuristic-like cyberpunk, "Blade Runner" pickup truck. "This will be heart-stopping; it stops my heart".