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Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of October 3, 2025 in Tesla, Inc. Lawsuit – TSLA
GlobeNewswire News Room· 2025-08-14 20:32
Core 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: Allegations of Fraud - The lawsuit claims that Tesla overstated the effectiveness of its autonomous driving technology [2] - It is alleged that there was a significant risk that Tesla's autonomous vehicles, including the Robotaxi, would operate dangerously or violate traffic laws [2] - The lawsuit suggests that these issues increased the likelihood of heightened regulatory scrutiny on Tesla [2] - Consequently, Tesla's business and financial prospects were allegedly overstated, making public statements materially false and misleading [2] Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until October 3, 2025, to request to be appointed as lead plaintiff [2] - Participation in the lawsuit does not require serving as a lead plaintiff to share in any potential recovery [2][3] Group 3: Legal Representation - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4] - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4]
The Gross Law Firm Reminds Tesla, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of October 3, 2025 - TSLA
Prnewswire· 2025-08-14 12:45
NEW YORK, Aug. 14, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Tesla, Inc. (NASDAQ: TSLA). Shareholders who purchased shares of TSLA during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/tesla-inc-loss-submission-form-2/?id=161244&from=4 SOURCE The Gross Law Firm DEADLINE: Oct ...
Tesla's Pennant Just Snapped: Here's What It Means for the Stock
MarketBeat· 2025-08-14 11:34
Core Viewpoint - Tesla has experienced a significant technical breakout, with shares rising 12% in the past three sessions, indicating a return of bullish momentum after a period of consolidation [1][2][3] Technical Analysis - The stock had been in a tightening pennant formation for nearly three months, leading to a decisive breakout above the upper trendline [1][2] - The recent price action has pushed Tesla above July's high, suggesting a shift in momentum [3] Fundamental Analysis - Tesla's recent quarterly earnings report showed improved fundamentals, with revenue contraction being less severe than expected, improved margins, and earnings per share exceeding consensus estimates [4][5] - The company is recognized as one of the most resilient players in the electric vehicle sector, despite facing intense competition and macroeconomic challenges [5][6] Analyst Ratings and Price Targets - Wedbush Securities has reiterated a $500 price target for Tesla, suggesting a potential upside of nearly 50% from the current price of $339.38 [7][8] - The average 12-month stock price forecast is $303.31, indicating a downside of 10.63% from the current price [7] Market Context - Broader market conditions are favorable for Tesla, with major equity indices near all-time highs and a strong risk appetite among investors [12] - The current market sentiment is more supportive compared to earlier in the year when high-multiple stocks faced selling pressure [12] Resistance Levels - The $360 level, where Tesla peaked in May and June, is identified as a critical resistance point; breaking above this level could lead to further upward movement towards the $400 area [13]
Tesla CEO Elon Musk Just Delivered Incredible News for Nvidia Stock Investors
The Motley Fool· 2025-08-14 10:15
Group 1 - Elon Musk announced a shift in Tesla's AI strategy, moving away from the Dojo supercomputer to focus on new chip projects AI5 and AI6, which are deemed more versatile and economically viable [5][6] - The Dojo platform was initially intended to create a competitive edge by vertically integrating AI architecture, but Musk now considers it an "evolutionary dead end" [4][5] - Tesla's reliance on external GPU providers like Nvidia will continue as the company develops its new AI services, indicating a strategic pivot rather than complete independence from established suppliers [6][7] Group 2 - This decision is seen as a significant win for Nvidia, reinforcing its dominance in the AI sector and suggesting that even ambitious companies like Tesla cannot outpace established industry leaders [7] - Tesla's pivot may open up new opportunities for Nvidia's automotive business, which is emerging as a growth engine alongside its core data center segment [8][9] - The trend of automakers relying on external hardware and software systems is likely to accelerate demand for Nvidia's automotive products, enhancing its position in the AI infrastructure ecosystem [9][10]
Eyeing robotaxis, Tesla hiring New York test car operator
TechXplore· 2025-08-14 07:53
Core Insights - Tesla is actively pursuing robotaxi operations in New York and other U.S. cities, indicating a strategic expansion in autonomous driving technology [3][5] - The company is currently hiring for a "Vehicle Operator, Autopilot" position in Flushing, New York, aimed at testing its driver-assistance technology [3][4] - Regulatory challenges remain, as New York State law currently restricts the use of autonomous vehicles to testing only [4][6] Company Developments - Elon Musk has expressed confidence in Tesla's potential for rapid deployment of autonomous vehicles, leveraging artificial intelligence to analyze data from its existing fleet [5][6] - The company launched a limited robotaxi service in Austin, Texas, in June 2025, marking a significant step in its autonomous vehicle strategy [5] - Musk's ambitious prediction of having autonomous ride-hailing available to half the U.S. population by the end of 2025 faces skepticism due to regulatory hurdles and safety concerns [6]
X @Tesla Owners Silicon Valley
Product Development - Apple ($AAPL) is reportedly planning a lifelike robot version of Siri [1]
The Gross Law Firm Announces the Filing of a Securities Class Action on Behalf of Tesla, Inc.(TSLA) Shareholders
GlobeNewswire News Room· 2025-08-13 20:39
Core Points - The Gross Law Firm has issued a notice to shareholders of Tesla, Inc. regarding a class action lawsuit related to misleading statements made by the company during the class period from April 19, 2023, to June 22, 2025 [1][3] - Allegations include that Tesla overstated the effectiveness of its autonomous driving technology, which posed risks of dangerous operation and regulatory scrutiny, ultimately leading to inflated business and financial prospects [3] - Shareholders are encouraged to register for the class action by the deadline of October 3, 2025, to potentially recover losses incurred due to the alleged misleading statements [3][4] Allegations Summary - Tesla allegedly overstated the effectiveness of its autonomous driving technology [3] - There is a significant risk that Tesla's autonomous vehicles, including the Robotaxi, could operate dangerously or violate traffic laws [3] - The situation has increased the likelihood of heightened regulatory scrutiny on Tesla [3] - The company's public statements were claimed to be materially false and misleading throughout the relevant period [3] Next Steps for Shareholders - Shareholders who purchased TSLA shares during the specified timeframe should register to be enrolled in a portfolio monitoring system for updates on the case [3] - The registration process is free of cost and does not obligate shareholders to participate in the case [3]
Tesla's Chinese EV Rival Is So Popular, The CEO Is Actually Recommending Other Brands To Shoppers
Benzinga· 2025-08-13 19:45
Core Insights - Xiaomi is successfully entering the electric vehicle market with its YU7 SUV, which has garnered significant demand, leading the CEO to suggest consumers consider other brands for quicker delivery [1][4][6] Group 1: Product Launch and Market Position - The YU7 electric SUV was unveiled in June, following the success of the SU7, and has already received around 240,000 reservations within the first 18 hours of its launch [2][4] - The starting price for the YU7 is approximately $35,300, making it cheaper than Tesla's Model Y RWD, which starts at $36,700 [3] - The YU7 offers a driving range of about 519 miles, significantly surpassing the Model Y's range of 368 miles [3] Group 2: Competitive Landscape - The YU7's launch is expected to exert pressure on Tesla in the Chinese market, particularly affecting the sales of the Model 3 [4][7] - Tesla's deliveries in China fell by 11.7% year-over-year to 128,803 units in the second quarter, indicating potential struggles against rising competition [7][8] Group 3: Consumer Insights and Recommendations - Wait times for the YU7 are reported to be around 56 to 59 weeks, prompting the CEO to advise consumers about potential delays and suggest alternative vehicles for quicker acquisition [5][6] - The CEO's recommendation of competing brands, including Tesla's Model Y, highlights the current demand for Xiaomi's vehicles [6]
Pomerantz Law Firm Announces the Filing of a Class Action Against Tesla, Inc.  and Certain Officers – TSLA
GlobeNewswire News Room· 2025-08-13 14:03
Core Viewpoint - A class action lawsuit has been filed against Tesla, Inc. and certain officers for alleged violations of federal securities laws during the Class Period from April 19, 2023, to June 22, 2025, seeking damages for misleading statements regarding the company's business and operations [1][4]. Group 1: Lawsuit Details - The lawsuit is filed in the United States District Court for the Western District of Texas, seeking to recover damages for all persons and entities that purchased Tesla securities during the Class Period [1]. - Investors have until October 4, 2025, to request appointment as Lead Plaintiff for the class [2]. Group 2: Company Operations and Claims - Tesla designs, develops, manufactures, and sells electric vehicles and autonomous driving vehicles, along with energy generation and storage systems [4]. - The company has promoted its Robotaxi service as a fully autonomous ride-hailing network, claiming advancements in artificial intelligence differentiate it from competitors [4]. Group 3: Allegations Against Tesla - The Complaint alleges that Tesla overstated the effectiveness of its autonomous driving technology and failed to disclose significant risks associated with its autonomous vehicles, including potential violations of traffic laws [4]. - The lawsuit claims that these misleading statements inflated Tesla's business and financial prospects, leading to material misrepresentation [4]. Group 4: Recent Events Impacting Tesla - Tesla launched its Robotaxi service on June 22, 2025, but reports surfaced of the vehicles violating traffic laws, leading to scrutiny from the U.S. National Highway Traffic Safety Administration (NHTSA) [5][6]. - Following these incidents, Tesla's stock price fell by $21.13 per share, or 6.05%, closing at $327.55 on June 25, 2025 [7]. - A jury later found Tesla partly liable for a fatal 2019 Autopilot crash, ordering the company to pay $329 million in damages [8].
Prediction: 2 Stocks That Will Be Worth More Than Tesla 3 Years From Now
The Motley Fool· 2025-08-13 08:40
Tesla stock has a wide range of future outcomes. Here is what might happen if things don't work out as investors hope. Tesla (TSLA 0.54%) is one of the world's largest companies by market value, worth a little over $1 trillion today. The company is a pioneer in electric vehicles, autonomous driving software, and renewable energy, and is charging full steam into Robotaxis and humanoid robotics. At face value, there is a lot to like about this technology company. But when you dig deeper, Tesla is far riskier ...