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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.
On Friday, August 1, a Florida jury found Tesla 33% responsible for a deadly 2019 crash featuring a distracted driver who was using Tesla Autopilot. The jury awarded $323 million in damages to the ...
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.
The Tesla Space on MSN11h
Tesla Robotaxi Is Now Dominating Austin StreetsTesla’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 ...
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 ...
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