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Tesla and Elon Musk Face Shareholder Lawsuit Over Alleged Robotaxi Misrepresentations

Tesla and Elon Musk Face Shareholder Lawsuit Over Alleged Robotaxi Misrepresentations

Author:
yahoofinance
Published:
2025-08-05 13:19:46
19
1

Tesla, Musk sued by shareholders over Robotaxi claims

Elon Musk's self-driving promises hit a legal pothole.

Shareholders are taking Tesla to court over claims the company overstated its Robotaxi capabilities—just as competitors lap them in the autonomous race. Could this be another case of Musk's reality distortion field costing investors real money?

The lawsuit alleges Tesla misled investors about its autonomous vehicle timeline while rivals quietly notched regulatory wins. Meanwhile, Tesla's stock still trades at 300x earnings—because nothing says 'tech disruption' like vaporware and lawsuits.

|Square

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