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Tesla shareholders sue over ‘dangerous’ robotaxi claims

A class action lawsuit claims Tesla hid significant safety risks while overstating the effectiveness of its self-driving technology. By Stewart Burnett

Tesla shareholders have filed a class action lawsuit accusing the automaker and its Chief Executive, Elon Musk, of securities fraud for allegedly concealing significant safety risks posed by the company's self-driving robotaxis. The legal action, which resulted in a 6.1% stock decline over two trading days and eliminated approximately US$68bn in market value, follows Tesla's long-awaited public robotaxi debut in Austin back in June.

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https://www.automotiveworld.com/articles/tesla-shareholders-sue-over-dangerous-robotaxi-claims/

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