Tesla(US:TSLA) Globenewswire·2025-09-19 20:46Core 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 to be appointed as lead plaintiff [2]. Group 2: Participation and Costs - Class members may be entitled to compensation without any out-of-pocket costs or fees, and participation does not require serving as a lead plaintiff [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4].