Tesla(US:TSLA) Globenewswire·2025-09-18 20:43Core 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]. Summary by Sections Allegations - The complaint claims that during the class period from April 19, 2023, to June 22, 2025, 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 allegations suggest 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]. Class Action Details - The deadline for shareholders to register for the class action is October 3, 2025 [3]. - Shareholders who register will be enrolled in a portfolio monitoring software to receive updates on the case [3]. - There is no cost or obligation for shareholders to participate in the case [3]. Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit, fraud, and illegal business practices [4]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [4].