Core Points - The Gross Law Firm has issued a notice to shareholders of Tesla, Inc. regarding a class action lawsuit related to misleading statements made by the company during the class period from April 19, 2023, to June 22, 2025 [1][3] - Allegations include that Tesla overstated the effectiveness of its autonomous driving technology, which posed risks of dangerous operation and regulatory scrutiny, ultimately leading to inflated business and financial prospects [3] - Shareholders are encouraged to register for the class action by the deadline of October 3, 2025, to potentially recover losses incurred due to the alleged misleading statements [3][4] Allegations Summary - Tesla allegedly overstated the effectiveness of its autonomous driving technology [3] - There is a significant risk that Tesla's autonomous vehicles, including the Robotaxi, could operate dangerously or violate traffic laws [3] - The situation has increased the likelihood of heightened regulatory scrutiny on Tesla [3] - The company's public statements were claimed to be materially false and misleading throughout the relevant period [3] Next Steps for Shareholders - Shareholders who purchased TSLA shares during the specified timeframe should register to be enrolled in a portfolio monitoring system for updates on the case [3] - The registration process is free of cost and does not obligate shareholders to participate in the case [3]
The Gross Law Firm Announces the Filing of a Securities Class Action on Behalf of Tesla, Inc.(TSLA) Shareholders