Levi & Korsinsky Notifies Tesla, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline – TSLA
TeslaTesla(US:TSLA) GlobeNewswire News Room·2025-08-25 21:28

Core Viewpoint - A class action securities lawsuit has been filed against Tesla, Inc. alleging securities fraud that affected investors between April 19, 2023, and June 22, 2025 [1][2]. Group 1: Lawsuit Details - The complaint claims that Tesla made false statements regarding the effectiveness of its autonomous driving technology, which included the risk of dangerous operation and potential violations of traffic laws [2]. - The lawsuit suggests that these misrepresentations increased the likelihood of heightened regulatory scrutiny, thereby overstating Tesla's business and financial prospects [2]. - Investors who suffered losses during the specified timeframe have until October 3, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this role [2]. Group 2: Legal Representation - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years, highlighting its expertise in complex securities litigation [4]. Group 3: Participation Information - Class members may be entitled to compensation without any out-of-pocket costs or fees, and there is no obligation to participate [3].

Levi & Korsinsky Notifies Tesla, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline – TSLA - Reportify