Tesla Summon to get manual control 'like big RC car'

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The lawsuit cites repeated promises in 2017 that Tesla was "on track" to build 5,000 Model 3s per week by the end of that year at its factory in Fremont, California.

Elon is still a big fan of Apple, don't get him wrong, but he doesn't really "think people are necessarily running to the store for the iPhone 11", he added, shouting out his own company: "But I think with Tesla, we really want to make products that people just love, that are heart-stopping".

Tesla finally met that target in June of this year.

Today's news follows on from recent reports in the Wall Street Journey that suggested Federal Bureau of Investigation agents were looking into whether or not Tesla misled investors about production of its Model 3 cars. Messages were left Friday seeking comment from the SEC and the Justice Department.

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At the time, Tesla said it was cooperating with authorities and stated "to our knowledge, no government agency in any ongoing investigation has concluded that any wrongdoing occurred".

It recently settled a separate SEC probe over Mr Musk's aborted plan to take the company private, and last week soothed investors' fears over its financial state by reporting its first profit in two years.

"Aside from the settlement with the SEC relating to Mr. Musk's statement that he was considering taking Tesla private, there have not been any developments in these matters that we deem to be material", the company wrote in the filing.

Musk said in that same earnings call that the company was struggling with "bottlenecks" on the highly automated Model 3 assembly line. The original complaint was dismissed but was refiled in September.

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