The plaintiff has accused the company of storing the risks associated with autonomous driving, and manipulating the cost of shares.
Ilon Musk and Tesla found themselves in the midst of a collective lawsuit – shareholders accused the Company of Securities Fraud for inaccurate statements about no -carless cars, in particular Robotaxi. According to Reuters, the lawsuit was filed shortly after the first public test of Robotaxi, held by the end of June in Austin, Texas.
During trials, a number of dangerous maneuvers were recorded: cars exceeded speed, sharply slowed down, ran into curbs, went to the upcoming roadway and planted passengers in the middle of multi -lane roads. The market reaction immediately – in the two days Tesla shares 6.1%, which is equivalent to a reduction in capitalization of $ 68 billion.
Plaintiffs argue that Tesla has deliberately raised the successes in developing autonomous technologies, which are misleading investors about the company’s financial prospects. Among the main evidence was the mask mask on April 22, in which he assured the company “focused on the launch of Robotaxi in Austin in June,” as well as Tesla’s approval on the same day about the “scalable and safe implementation” of the autonomic approach.
The lawsuit was filed in a federal court in Austin, leading his shareholder Denis Morand. The requirements cover the period from April 19, 2023 to June 22, 2025. In addition to the mask mask, the defendants also indicate the financial director of Tesla Viabgav Tanya and his predecessor Zari Kirkgorn. The company has yet to comment on the situation.
The situation was aggravated by a judgment made on August 1 by a Florida court: Tesla was identified 33% responsible for an accident in 2019, in which a 22-year-old woman died. The company must pay $ 243 million payments, but plans to challenge the decision.
Tesla sales in Europe have reduced the seventh month in the meant
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.