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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.
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 ...
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 ...
Testing allegedly revealed safety issues with the Robotaxi and other self-driving Tesla models that went undisclosed.
Despite the precautions from Tesla, there have been several videos posted online of scary incidents with the robotaxis acting ...
A group of Tesla shareholders have filed a class-action lawsuit against the automaker and CEO Elon Musk over what they claim ...