Tesla(US:TSLA) Globenewswire·2025-09-10 19:45Core Viewpoint - The Gross Law Firm has issued a notice to Tesla, Inc. shareholders regarding a class action lawsuit alleging that the company made materially false and misleading statements about its autonomous driving technology and its implications for safety and regulatory scrutiny [1][3]. Group 1: Allegations - The complaint claims that Tesla overstated the effectiveness of its autonomous driving technology [3]. - It is alleged that there was a significant risk that Tesla's autonomous vehicles, including the Robotaxi, could operate dangerously or violate traffic laws [3]. - The lawsuit suggests that these issues increased the likelihood of heightened regulatory scrutiny on Tesla [3]. - Consequently, Tesla's business and financial prospects were reportedly overstated, leading to materially false and misleading public statements [3]. Group 2: Class Action Details - The class period for the lawsuit is defined as April 19, 2023, to June 22, 2025 [3]. - Shareholders are encouraged to register for the class action by the deadline of October 3, 2025, to potentially become lead plaintiffs [3]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [3]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit, fraud, and illegal business practices [4]. - The firm aims to ensure companies adhere to responsible business practices and engage in good corporate citizenship [4].