Tesla shareholders have filed a lawsuit accusing Elon Musk and the company of securities fraud, alleging they concealed safety risks associated with Tesla’s self-driving technology, including the Robotaxi. Musk responded on X, dismissing the lawsuit as driven by opportunistic class-action lawyers. The lawsuit seeks damages for investors, claiming Tesla exaggerated autonomous driving capabilities, leading to inflated stock value. Tesla shareholders have filed a lawsuit accusing Elon Musk and the company of securities fraud, alleging they concealed safety risks associated with Tesla’s self-driving technology, including the Robotaxi. Musk responded on X, dismissing the lawsuit as driven by opportunistic class-action lawyers. The lawsuit seeks damages for investors, claiming Tesla exaggerated autonomous driving capabilities, leading to inflated stock value.
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