Core Viewpoint - A class action lawsuit has been filed against Tesla, Inc. for allegedly making false statements regarding its autonomous driving technology, which has led to significant risks and regulatory scrutiny [3][4]. Group 1: Class Action Details - The class action represents investors who purchased Tesla securities between April 19, 2023, and June 22, 2025, with a deadline for filing a lead plaintiff motion set for October 3, 2025 [1]. - The Portnoy Law Firm is offering complimentary case evaluations for investors to discuss their legal rights and options for recovering losses [2]. Group 2: Allegations Against Tesla - The lawsuit claims that Tesla overstated the effectiveness of its autonomous driving technology, leading to potential dangers and violations of traffic laws by its vehicles [3]. - Increased regulatory scrutiny is alleged due to these issues, which have materially overstated Tesla's business and financial prospects [3]. Group 3: Impact of Recent Events - On June 23, 2025, Bloomberg reported incidents involving Tesla's Robotaxi violating traffic laws, which led to a decline of over 6% in Tesla's stock price over two trading sessions [4]. - The U.S. National Highway Traffic Safety Administration (NHTSA) has contacted Tesla regarding these incidents, indicating potential regulatory actions to ensure road safety [4].
Tesla, Inc. Investors: Please contact the Portnoy Law Firm to recover your losses. October 3, 2025 Deadline to file Lead Plaintiff Motion.