US EditionTesla, Elon Musk sued by shareholders over Robotaxi claims
AUSTIN, TEXAS, AUG 5 – Shareholders accuse Tesla and Elon Musk of securities fraud for concealing safety risks after 130 reported incidents involving Robotaxis in Austin, Texas, since July 2023.
- Tesla shareholders filed a class-action lawsuit on August 4, 2025, in Austin, Texas, against Tesla and Elon Musk over the Robotaxi service's safety claims.
- The suit alleges Tesla and Musk made false, misleading statements and concealed risks related to the safety and readiness of autonomous driving technology following the June 22 Robotaxi debut.
- Videos showed erratic Robotaxi behavior including speeding and wrong-lane driving, while shareholders accuse Musk of overstating self-driving capabilities and artificially inflating Tesla's stock price.
- The lawsuit, led by shareholder Denise Morand, claims damages for investors from April 19, 2023, to June 22, 2025; Musk was awarded $29 billion in shares this week to retain him.
- This legal challenge coincides with Tesla facing a $329 million jury verdict in Florida over Autopilot liability and declining sales, suggesting mounting financial and regulatory pressures.
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27 Articles
A lawsuit against Tesla: What Elon Musk promised but didn't deliver
A Tesla shareholder has sued the company and Elon Musk for securities fraud, alleging misleading claims about its robotaxi technology. The lawsuit says Musk’s promises overstated safety and downplayed regulatory hurdles.
·Mumbai, India
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Coverage Details
Total News Sources27
Leaning Left5Leaning Right2Center8Last UpdatedBias Distribution53% Center
Bias Distribution
- 53% of the sources are Center
53% Center
L 33%
C 53%
13%
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