and a hall -- dana hull is in our conversation. is a positives statement.ng autonomous onving technology count hours upon hours of real-world driving under real-world conditions and computer simulations. there are not enough hours in the day to do it well unless you have drivers. also testsley technology internally before releasing it to the public. they want to do significant hours and that is a smart move. companies doing self driving has spent massive amounts of money and time and are still not really there yet with autonomous driving. tesla is much more cash constrained than they are. do they have the capacity to catch up with google, toyota, and all of these other entities? tesla's current system is a driver assisted system. tesla has a lot of miles on autopilot under its belt. that is really valuable data back to they can use. they are not. driving yet though. -- hype around self driving they are not self driving yet though. the hype around self driving, everyone is trying to get this right. everyone needs to do a ton of testing. i see the cars around

joining us on the phone is dana hull. is this something that company was anticipating, bracing for? have an immediate comment. is it something they anticipated? dana: i don't think we know the answer to that. tesla is a unique organization. elon musk is the chairman and ceo. probe is something everyone knows is going on. that the doj's the news here. i don't think that it is what people in the company were bracing for. vonnie: the criminal probe, how could it hinder elon musk going forward? dana: i don't think we know. it's not like the stock is tanking. bit, ituncing around a is down a bit, but not an immediate, oh, my god, the sky is falling. he will continue to try to make cars and sell cars and take people to the moon. this thing will evolve the way they do. it criminal charges are brought, it could be a different calculation. right now, it is just an investigation and we will have to see it has played out. vonnie: how do you prove that company leaders lied to investors? a: i would imagine that investigators would have to go companyall of the statement said public statements mad

hull doing dana great reporting on this on the people who have left and bringing new people in. she has learned there has been no active coo search. of theas the promotion former mercedes executive into a president of automotive role which could be sort of like a coo. it could be someone that could take over a lot of the operations, but that is not the same. running automotive under elon is not the same as trying to run or company if he is absent prohibited from participating in some way. in tomwant to bring giles coming to us from san francisco. tom, your initial reaction? tom: you get the sense the sec is taking this seriously. they moved swiftly. the question is, how severe it will the penalty be? jamie has been talking to you about how valuable elon musk is brand.company and tesla bitidea, it seems a little like it will be unlikely he will be fully removed as an officer or manager of his company. the sec certainly does have other levers it can use to demonstrate that. he was out of line in telling investors he had funding secured when maybe in fact, that had not been the cas