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Technology Stocks : Tesla EVs - TSLA -- Ignore unavailable to you. Want to Upgrade?


To: Savant who wrote (26289)8/28/2025 2:37:13 AM
From: i-node1 Recommendation

Recommended By
longz

  Respond to of 26676
 
The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) Tesla overstated the effectiveness of its autonomous driving technology; (ii) there was thus a significant risk that the Company’s autonomous driving vehicles, including the Robotaxi, would operate dangerously and/or in violation of traffic laws; (iii) the foregoing increased the likelihood that Tesla would become subject to heightened regulatory scrutiny; (iv) accordingly, Tesla’s business and/or financial prospects were overstated; and (v) as a result, the Company’s public statements were materially false and misleading at all relevant times
I find these allegations to be odd and totally off-target. There is no evidence that would suggest the vehicles have operated "dangerously" given the express limitations of the system. Each of their points (i) through (iv) can be countered pretty easily.

Point (v) seems weird given the stock has outperformed expectations. The Robotaxi comment was totally superfluous.

Courts have hit rock bottom on these tesla cases, so nothing is surprising.