Tesla Wins Bid To Undo Class Action Lawsuit Filed By Over 6,000 African American Workers Alleging Racial Bias At Fremont Facility - Tesla (NASDAQ:TSLA)

Core Points - Tesla Inc. has successfully reversed a 2017 class action lawsuit regarding alleged racial bias at its Fremont assembly plant [1][2] - A California state judge ruled that over 6,000 workers cannot sue, as many of the 200 workers set to testify were unwilling to participate [2] - The judge stated that the experiences of a smaller group of workers could not be generalized to the entire class, reversing a previous decision to certify the lawsuit as a class action [2] Legal Context - The plaintiffs' lawyer indicated that many of the randomly chosen workers were low-income and could not afford to miss work [3] - Allegations include racial harassment through targeted slurs, graffiti, and nooses at workstations [3] - Tesla is also facing another proposed class action lawsuit for allegedly favoring foreign visa holders over U.S. citizens in hiring and firing decisions [4] Additional Legal Challenges - Tesla lost a bid to dismiss a class action lawsuit regarding misleading information about the Full Self-Driving (FSD) system [4] - The company has filed a lawsuit against the North Dakota Department of Transportation for refusing to allow Tesla to open showrooms in Fargo and Bismarck [4] Financial Performance - Tesla scores well on Momentum and Quality metrics, with satisfactory Growth but poor Value [5] - The company's stock price increased by 0.30% to $410.13 in after-hours trading, following a 1.13% rise to $408.92 during regular trading [5]