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Shareholders are suing Tesla and Elon Musk, claiming that false statements about driverless taxis led to a stock drop.
Musk and Tesla have no ability to judge and predict the progress of their system, so that makes it a challenge to judge them ...
Tesla and CEO Elon Musk are sued by shareholders because of misleading robotaxi claims and Rivian lost an astonishing amount ...
Tesla’s Robotaxi service has made a major impact in Austin, Texas, transforming the way people get around. With autonomous ...
Shareholders said this included Musk's assurance on an April 22 conference call that Tesla was "laser-focused on bringing ...
A Tesla shareholder has sued the company and Elon Musk for securities fraud, alleging misleading claims about its robotaxi ...
Shareholders are suing Elon Musk and Tesla accusing them of securities fraud in connection with the company's "Robotaxis" and ...
The class action suit was filed by shareholder Denise Morand in a federal court in Austin, Texas. Following the news, Tesla’s ...
Elon Musk is teasing a new Tesla ‘Full Self-Driving Supervised’ (FSD) update with “10x improvements”, but historical performance compared ...
Tesla's share price fell 6.1% over two trading days after the test began, wiping out about $68 billion of market value.
Tesla and Elon Musk had hoped that the rollout of a long-awaited Robotaxi service in Austin, Texas, would mark a major step forward for the company, bringing fully autonomous driving technology to the ...
The lawsuit alleges Tesla and Musk made fictitious and deceitful claims over the autonomous vehicles' safety and financial outlook.