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Tesla, Inc. Investors: Please contact the Portnoy Law Firm to recover your losses. October 3, 2025 Deadline to file Lead Plaintiff Motion.
GlobeNewswire News Room· 2025-09-02 20:34
Core Viewpoint - A class action lawsuit has been filed against Tesla, Inc. for allegedly making false statements regarding its autonomous driving technology, which has led to significant risks and regulatory scrutiny [3][4]. Group 1: Class Action Details - The class action represents investors who purchased Tesla securities between April 19, 2023, and June 22, 2025, with a deadline for filing a lead plaintiff motion set for October 3, 2025 [1]. - The Portnoy Law Firm is offering complimentary case evaluations for investors to discuss their legal rights and options for recovering losses [2]. Group 2: Allegations Against Tesla - The lawsuit claims that Tesla overstated the effectiveness of its autonomous driving technology, leading to potential dangers and violations of traffic laws by its vehicles [3]. - Increased regulatory scrutiny is alleged due to these issues, which have materially overstated Tesla's business and financial prospects [3]. Group 3: Impact of Recent Events - On June 23, 2025, Bloomberg reported incidents involving Tesla's Robotaxi violating traffic laws, which led to a decline of over 6% in Tesla's stock price over two trading sessions [4]. - The U.S. National Highway Traffic Safety Administration (NHTSA) has contacted Tesla regarding these incidents, indicating potential regulatory actions to ensure road safety [4].
Investors in Tesla, Inc. Should Contact Levi & Korsinsky Before October 3, 2025 to Discuss Your Rights - TSLA
Prnewswire· 2025-08-19 12:45
Core Viewpoint - A class action securities lawsuit has been filed against Tesla, Inc. alleging securities fraud related to overstated claims about its autonomous driving technology and the associated risks [1] Group 1: Lawsuit Details - The lawsuit seeks to recover losses for Tesla investors affected by alleged securities fraud between April 19, 2023, and June 22, 2025 [1] - The complaint claims that Tesla overstated the effectiveness of its autonomous driving technology, leading to potential dangers and regulatory scrutiny [1] - It is alleged that Tesla's public statements were materially false and misleading, impacting the company's business and financial prospects [1] Group 2: Investor Participation - Investors who suffered losses during the relevant timeframe have until October 3, 2025, to request appointment as lead plaintiff [1] - Participation in the lawsuit does not require serving as a lead plaintiff to share in any potential recovery [1][2] Group 3: Legal Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and is recognized as a top securities litigation firm in the United States [3] - The firm has over 70 employees specializing in complex securities litigation [3]
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]
MoonFox Data | Li Auto Financial Report Analysis: Pure Electric SUV Model i8 to become the Key Breakthrough in 2025
GlobeNewswire News Room· 2025-08-13 09:00
Core Viewpoint - Li Auto is facing significant challenges due to intensified competition in the automotive market, leading to a slowdown in revenue growth and a decline in vehicle deliveries [1][2][6]. Financial Performance - Li Auto's projected revenue for Q2 2025 is RMB 33.5 billion, reflecting a year-over-year increase of 5.6%, but with a growth slowdown of 4.96% [4][5]. - The company's net profit for Q1 2025 was RMB 647 million, showing a year-over-year increase of 9.4% but a quarter-over-quarter decline of 81.7% [5]. - As of June 30, 2025, Li Auto's cumulative historical deliveries reached 1,337,810 vehicles, marking a year-over-year decline of 24% and a quarter-over-quarter decline of 11.2% [5][6]. Market Competition - The automotive market is experiencing a contraction in overall demand, with fierce competition in the new energy vehicle (NEV) sector, leading to stock competition for Li Auto's family-oriented models [2][9]. - Li Auto's sales performance is under pressure due to promotional campaigns and new model launches from various automakers [9]. Strategic Adjustments - Following a downward revision of its 2025 annual sales target from 700,000 units to 640,000 units, Li Auto is under increased scrutiny from investors [10][11]. - The company is pursuing breakthroughs in four strategic areas, including advancements in pure electric vehicles and autonomous driving technology [11][12]. Product Development - Li Auto plans to launch its first all-electric SUV, the Li i8, in July 2025, alongside a self-developed driver assistance model [12]. - The company is expanding its charging infrastructure, having built 2,421 charging stations with a total of 13,200 charging piles as of June 2025 [18]. Market Expansion - Li Auto is implementing a "Hundred-city Starry Plan" to establish a self-operated sales and service presence in lower-tier cities [18]. - The company is also pursuing international expansion through a dealership model, establishing after-sales service centers in markets such as Kazakhstan, Uzbekistan, and the UAE [19]. Future Outlook - Despite maintaining a leading market position, Li Auto's growth momentum is expected to decelerate further in 2025 due to intensified competition [20][21]. - The company must accelerate new product development and expand its model lineup to remain competitive in a rapidly changing market [22].
Tesla in trouble as Wall Street analyst predicts 50% TSLA crash
Finbold· 2025-08-12 14:08
Core Viewpoint - Tesla's stock is experiencing a five-day winning streak, but analysts suggest it may face pressure due to a 'Sell' rating from Guggenheim, with a price target of $175, indicating a potential 48% decline from its current trading price of $339 [1][4]. Group 1: Analyst Perspectives - Guggenheim analyst Ronald Jewsikow maintains a skeptical view on Tesla's near-term valuation, suggesting that technological advancements and the early deployment of Robotaxi services may not justify the current stock price [6]. - Another analyst, Gordon Johnson, highlights concerns regarding Tesla's Full Self-Driving (FSD) technology, noting that it has yet to achieve full autonomy despite years of promises, with regulators flagging performance and reliability issues [8][9]. Group 2: Company Developments - CEO Elon Musk announced the upcoming public trial of Tesla's Robotaxi service in Austin, which is set to open next month, ahead of market expectations [4]. - The latest version of the FSD system, v14, reportedly features ten times more parameters than previous versions, which bullish investors view as a significant milestone [4][5]. Group 3: Financial Performance - Tesla's stock is down 15.2% year-to-date, contrasting with the S&P 500's increase of 8.5% during the same period, indicating underperformance in the market [7]. - Concerns about shrinking profit margins and weakening cash flow are prevalent, contributing to the bearish outlook on Tesla's stock [7].
Shareholders sue Tesla and Elon Musk on heels of deadly self-driving verdict, alleging its robotaxi violates traffic laws
Business Insider· 2025-08-05 15:35
Tesla debuted a test of its robotaxis — fully autonomous cars available through a ride-hailing service — on June 22. There were some hiccups. According to videos posted by influencers and Tesla shareholder who participated in the test in Austin, some cars drove in the wrong lane, exceeded the speed limit, braked at inappropriate times, and had trouble parking without intervention. The National Highway Traffic Safety Administration said it was looking into the irregularities depicted in videos. A group of Te ...
X @Forbes
Forbes· 2025-07-14 14:19
Legal & Regulatory Landscape - Autonomous driving technology lacks nationwide liability standards [1] - Technology is advancing faster than the law in the autonomous driving sector [1] Industry Expert Opinion - Alan Ohnsman from Forbes discussed the issue on "Forbes Talks" with @_brittanylewis [1]
Elon Musk's Tesla completes first driverless car delivery in Texas
New York Post· 2025-06-30 16:37
Core Insights - Tesla has achieved its first-ever driverless car delivery, marking a significant milestone for the company amid a sales slump [1][4] - The delivery involved a Model Y SUV that autonomously drove approximately 30 minutes to reach its new owner without any human intervention [1][3] - The vehicle reached a maximum speed of 72 miles per hour and is identical to other Model Y units produced at Tesla's factory [3] Company Performance - Tesla's stock has declined over 15% since the beginning of the year, with shares down about 1% in early trading following the driverless delivery announcement [4] - The company is facing increased competition from Chinese electric vehicle manufacturers like BYD in key markets such as Europe and China [4] Technological Developments - The driverless delivery occurred shortly after the launch of Tesla's Robotaxi service in Austin, which has received mixed reviews regarding its adherence to local traffic laws [7][8] - Tesla's AI chief stated that the company randomly selected a customer for the delivery, emphasizing the vehicle's standard production quality [3] Market Potential - Elon Musk has projected that autonomous driving technology could potentially add $5 trillion to $10 trillion to Tesla's market capitalization by transforming its vehicles into a productive fleet [9] - Tesla is in direct competition with companies like Waymo in the self-driving car sector [9]
Uber and Waymo launch fully autonomous Robotaxi service in Atlanta
Proactiveinvestors NA· 2025-06-24 15:57
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]
Analyst sets date when Tesla stock will hit $500 base target
Finbold· 2025-06-16 09:22
A stock trading analyst has suggested that Tesla stock (NASDAQ: TSLA) will likely reach a base-case target of $500 later this year, citing strong technical signals. According to Peter DiCarlo, Tesla's price action is forming a "higher high" on the weekly chart, an important bullish structure that indicates the current uptrend remains intact, he said in an X post on June 15. DiCarlo noted that his proprietary BX system is flashing green on both the weekly and monthly timeframes. A green BX signal reflects st ...