Tesla, Musk sued by shareholders over self-driving safety claims

Tesla shareholder suit says Musk and co. lied about Full Self-Driving safety

Investor lawsuit cites recall of Tesla cars that act dangerously in intersections.

Tesla, Musk sued by shareholders over self-driving safety claims

Tesla and its Chief Executive Elon Musk were sued on Monday by shareholders who accused them of overstating the effectiveness and safety of their electric vehicles' Autopilot and Full Self-Driving technologies.

Tesla and Elon Musk sued by shareholders over self-driving safety risks

The plaintiffs argue the company concealed the potential for its self-driving technology to cause injury, resulting in several setbacks for its share price, per Reuters.

Tesla shareholders sue after self-driving claims caused stocks to plummet

In a lawsuit brought by Tesla shareholders, Elon Musk is accused of overstating the reliability of autopilot and full self-driving technologies in his cars, The Guardian reported. The suit claims that Musk defrauded investors for four years by obscuring how the technology “created a serious risk of accident and injury.” From The Guardian: "The case centers on the financial fallout of Tesla’s failed autopilot features, citing when the company’s s…

Tesla and Elon Musk sued by shareholders over Autopilot safety risks after a $38 billion drop in market value, report says

The plaintiffs argue the company concealed the potential for its self-driving technology to cause injury, resulting in several setbacks for its share price, per Reuters.

Shareholders sue Musk and Tesla over autopilot

Tesla shareholders have sued the electric car pioneer and company CEO Elon Musk for glossing over the safety and efficiency of the autopilot function. They are demanding unspecified compensation for price losses in the period from February 19, 2019 to February 17, 2023. Tesla has concealed over these four years with false and misleading statements that the technology, which could be responsible for several fatal accidents, “poses a serious risk …