SAN DIEGO, Oct. 10, 2017 /PRNewswire/ -- Shareholder
Rights Law Firm Johnson Fistel, LLP is investigating potential
violations of the federal securities laws by Tesla, Inc. (NASDAQ:
TSLA) ("Tesla") and certain of its officers.
On October 2, 2017, Tesla issued a
statement regarding third-quarter deliveries and vehicle
production. Tesla fell short of its third-quarter Model 3
production guidance of 1,500 cars by more than 80%. Tesla
cited that "Model 3 production was less than anticipated due to
production bottlenecks."
After the market closed on October 6,
2017, The Wall Street Journal reported that Tesla has
recently been building major portions of the Model 3 by
hand. The article stated that this was not known to
analysts, investors, and customers who recently signed up to buy
the car. Following this news, Tesla's stock price
dropped.
If you have information that could assist in this
investigation, including past employees and others, or if you are a
Tesla shareholder and are interested in learning more about the
investigation or your legal rights and remedies, please contact
Jim Baker
(jimb@johnsonfistel.com) at 619-814-4471. If
emailing, please include a phone number.
About Johnson Fistel,
LLP:
Johnson Fistel, LLP is a nationally
recognized shareholder rights law firm with offices in California, New
York and Georgia. The firm
represents individual and institutional investors in shareholder
derivative and securities class action lawsuits. For more
information about the firm and its attorneys, please visit
http://www.johnsonfistel.com. Attorney advertising. Past results do
not guarantee future outcomes.
Contact:
Johnson Fistel, LLP
Jim Baker, 619-814-4471
jimb@johnsonfistel.com
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SOURCE Johnson Fistel, LLP