Tesla and Elon Musk win dismissal of shareholder lawsuit over Autopilot claims

qz.com October 1, 2024, 03:00 PM UTC

Summary: Tesla and CEO Elon Musk won a court case that dismissed a shareholder lawsuit. The lawsuit claimed Tesla made misleading statements about its self-driving technology to boost stock prices.

Despite this victory, Tesla still faces multiple complaints and regulatory investigations. These include federal probes into Autopilot defects linked to fatal crashes and inquiries by the Securities and Exchange Commission.

Earlier this year, Musk announced plans for a robotaxi reveal. However, investigations by the California Department of Motor Vehicles regarding misleading claims about Autopilot are still ongoing.

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  1. [3.8]
    Tesla wins lawsuit over misleading statements on Full Self-Driving technology (teslarati.com)
    3d 15h
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