Tesla(US:TSLA) Xi Niu Cai Jing·2025-08-12 07:49Core Viewpoint - Tesla is facing a collective lawsuit from shareholders accusing CEO Elon Musk of securities fraud related to the misleading promotion of the Robotaxi project, resulting in significant investor losses [2][4]. Group 1: Legal Issues - Shareholders allege that Musk made false promises regarding the launch of autonomous taxis in Austin, claiming that Tesla was fully committed to the project [4]. - During the initial public testing of the autonomous taxis, several safety issues were revealed, including speeding, sudden braking, and incorrect lane changes, contradicting Musk's previous assurances [4]. - Following the testing, Tesla's stock price dropped by 6.1%, leading to a market value loss of approximately $68 billion [4]. Group 2: Financial Performance - Tesla's Q2 2025 financial report indicates total revenue of $41.8 billion for the first half of 2025, a year-over-year decline of 11% [5]. - Revenue from the automotive business fell to $30.6 billion, down 18% compared to the previous year [5]. - The company's net profit decreased by 30%, and free cash flow dwindled to just $1 million [5]. - Tesla's vehicle sales for the first half of 2025 were 720,800 units, reflecting a year-over-year decline of 13.2% [5].