Tesla(US:TSLA) Prnewswire·2025-08-26 12:45Core Viewpoint - The Gross Law Firm has issued a notice to Tesla, Inc. shareholders regarding a class action lawsuit alleging that Tesla made materially false and misleading statements about its autonomous driving technology and its business prospects during the class period from April 19, 2023, to June 22, 2025 [1] Summary by Relevant Sections Allegations - The complaint claims that Tesla overstated the effectiveness of its autonomous driving technology [1] - It is alleged that there was a significant risk that Tesla's autonomous vehicles, including the Robotaxi, could operate dangerously or violate traffic laws [1] - The allegations suggest that this situation increased the likelihood of heightened regulatory scrutiny for Tesla [1] - Consequently, Tesla's business and financial prospects were reportedly overstated [1] - As a result, the company's public statements were deemed materially false and misleading throughout the relevant period [1] Class Action Details - The class period for the lawsuit is defined as April 19, 2023, to June 22, 2025 [1] - Shareholders are encouraged to register for the class action by the deadline of October 3, 2025 [1] - Registration allows shareholders to receive updates on the case through portfolio monitoring software [1] Firm's Mission - The Gross Law Firm is recognized for protecting the rights of investors affected by deceit, fraud, and illegal business practices [2] - The firm aims to ensure companies adhere to responsible business practices and engage in good corporate citizenship [2] - The firm seeks recovery for investors who suffered losses due to misleading statements or omissions that led to artificial inflation of stock prices [2]