The shareholders filed a collective lawsuit against Tesla and some officers, including CEO Elon Musk, for the company’s demands about the effectiveness of robots with self -government leadership.
The lawsuit claims that Musk and others made “wrong and financially misleading statements” about Tesla, specifically about the functions of Robotaxi.
The lawsuit claims that Tesla is effectively exaggerated by independent driving technology, which leads to a “great danger” that these cars were dangerous and violated traffic laws – which would be subject to the company “to increase organizational scrutiny.” The lawsuit also claims that Tesla’s financial horizons are exaggerated and that, as a result of all these allegations, Tesla’s public comments were “false and financially misleading at all relevant times,” according to a statement.
release From the aforementioned law office article Bloomberg mentioned the next day to launch Tesla, where the perpetrator said that American safety organizers were looking at the company because its robotics apparently Traffic laws violated On the day of launch.
The company continued to cite more reports on traffic accidents in Tesla Robotaxi, noting that the company’s shares decreased about 6 % after the appearance of these reports.
The company was also martyred Modern report From Friday, in which Federal jury found Tesla partially responsible for a 2019 crash in Florida, the ruling that the company’s driver’s assistance system failed to prevent a fatal collision. Tesla was ordered to pay more than $ 300 million as compensation.
Tesla did not immediately respond to the quartz request for comment.
This last blow to Tesla and Musk comes in the amid reporting A decrease in sales More than 50 % in the United Kingdom and Germany. On Monday – the day the lawsuit was filed – the Tesla Council was approved Stock prize At a value of about $ 29 billion for musk.
The lawsuit was filed in the US District Court of the Western Region in Texas and includes shareholders who bought Tesla shares between April 19, 2023 and June 22, 2025.
Jackie Snow contributed to this article.
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2025-08-05 20:46:00
