Mexican Media Brands
Tesla Delays Filing Annual Report with SEC
Electric car market Tesla Motors Inc. says it has postponed filing its 2012 annual report with securities regulators by 10 days to March 11 because of an accounting error.
#economics #regulations #hybrid
Share
Electric car market Tesla Motors Inc. says it has postponed filing its 2012 annual report with securities regulators by 10 days to March 11 because of an accounting error.
Tesla tells the U.S. Securities and Exchange Commission that at the last minute the company discovered a mistake in how its capital spending was reported.
Tesla plans to reclassify about $31 million in cash flow for last year and $15 million from 2011. The company says the changes won't affect its previously reported financial results for either year.
RELATED CONTENT
-
China Targets 7 Million Annual NEV Sales by 2025
The Chinese government is targeting annual sales of electric and plug-in cars at 7 million units by 2025—nine times last year’s volume.
-
Bill on Self-Driving Cars Stalls in Senate
Congressional efforts to make it easier to develop self-driving cars in the U.S. have stalled in the Senate despite strong bipartisan support.
-
Tesla Maxes Out on Tax Credit as U.S. Sales Reach 200,000
Tesla Inc. says it will deliver its 200,000th electric vehicle in the U.S. this month, thereby triggering a phase-out of the $7,500 federal tax credit its vehicles have enjoyed.