Tesla, Musk sued by shareholders over self-driving safety claims
Published by
Reuters
Reuters
By Jonathan Stempel (Reuters) – Tesla Inc 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. In a proposed class action filed in San Francisco federal court, shareholders said Tesla defrauded them over four years with false and misleading statements that concealed how its technologies, suspected as a possible cause of multiple fatal crashes, “created a serious risk of accident and injury.” They said Tesla’s share price fell several times as t…