@Eclectic is a securities lawyer so he can defend himself are you also an attorney in this field?Before you comment on what is material, please do just a little bit of research on the subject -- it really doesn't take too much effort:
Within the context of corporate and securities law in the United States, a fact is defined as material if there is a substantial likelihood that a reasonable shareholder would consider it important in deciding how to vote their shares or invest their money. In this regard, it is similar to the accounting term of the same name.
Materiality is particularly important in the context of securities law, because under the Securities Exchange Act of 1934, a company can be held civilly or criminally liable for false, misleading, or omitted statements of fact in proxy statements and other documents, if the fact in question is found by the court to have been material pursuant to Rule 10b-5.
Do you really believe there is a substantial likelihood that this issue is important in deciding how a shareholder would vote or invest their money? If so, what has happened to the share price since the investigation was first announced? Has it ebbed and flowed as usual or did it lose a quarter of its market value -- like what happens with a real material fact that is important in deciding how shareholders vote their shares or invest their money?
The test for what is material is not -- "so many people are talking about it" ... sheesh!
Thanks for the link but the article tells us nothing. It says:
"A source close to Tesla Motors, on the condition of anonymity, has confirmed that Tesla Autopilot 2.0 is coming soon."
Please, tell us something we don't know, like what "coming soon" means!
Oh wait, it does:
"I have my fingers crossed the Model 3 will ship with Autopilot 2.0."
So "coming soon" means late 2017, "fingers crossed"!
Re: materiality; I am a shareholder and I absolutely would want to know if there was a fatality understanding the media sh1tstorm that would ensue. That doesn't mean I would have dumped all my stock because of this incident (I've been long on TSLA for many years) but I expect transparency from a publicly traded company. Time will tell how other shareholders and the SEC feel about it, hopefully they will continue to give a growing company some slack.