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The suit comes shortly after Tesla was ordered to pay $240 million to victims of a car crash related to its autopilot technology by a Florida jury.
Shareholders are suing Tesla and Elon Musk, claiming that false statements about driverless taxis led to a stock drop.
Tesla and CEO Elon Musk are sued by shareholders because of misleading robotaxi claims and Rivian lost an astonishing amount of money in the second quarter.
Shareholders said this included Musk's assurance on an April 22 conference call that Tesla was "laser-focused on bringing ...
The lawsuit alleges Tesla and Musk made fictitious and deceitful claims over the autonomous vehicles' safety and financial outlook.
Tesla’s Robotaxi service has made a major impact in Austin, Texas, transforming the way people get around. With autonomous ...
Musk and Tesla have no ability to judge and predict the progress of their system, so that makes it a challenge to judge them ...
A Tesla shareholder has sued the company and Elon Musk for securities fraud, alleging misleading claims about its robotaxi ...
The class action suit was filed by shareholder Denise Morand in a federal court in Austin, Texas. Following the news, Tesla’s ...
Tesla's share price fell 6.1% over two trading days after the test began, wiping out about $68 billion of market value.
Shareholders are suing Elon Musk and Tesla accusing them of securities fraud in connection with the company's "Robotaxis" and ...
Last Friday, the day after Figma went public with a 250% pop, former Federal Trade Commission Chair Lina Khan tweeted that ...