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 ( [email protected] ) 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

[email protected]

SOURCE Johnson Fistel, LLP

Related Links

http://www.johnsonfistel.com

