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Contact Levi & Korsinsky by October 3, 2025 Deadline to Join Class Action Against Tesla, Inc. (TSLA)
GlobeNewswire News Room· 2025-08-11 20:26
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, could 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 claimed to be 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 in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4].
X @Tesla Owners Silicon Valley
Tesla Owners Silicon Valley· 2025-08-11 20:20
RT Muskonomy (@muskonomy)🚨Stock performance over 15 years:Tesla: +18,800%BYD: +548%Tata Motors: +370%Subaru: +345%Toyota: +314%Volvo: +215%Kia: +177%BMW: +100%Honda: +49%Hyundai: +42%Mercedes-Benz: +41%Renault: +40%GM: +39%Volkswagen: +30%Porsche: +26%Ford: -11%Mazda: -27%Nissan: -45% ...
X @Elon Musk
Elon Musk· 2025-08-11 20:13
RT Wes (@wmorrill3)Love to see Ford mentioning "The best part is no part" and "Question the requirements" it's clear to see some lessons learned from Doug and Alan's time at Tesla.Adopting large castings, using the battery pack as the floor, heat pump (mentioned less hoses), 48v + ethernet (mentioned reduce wiring), zonal controllers are all innovations that have helped Tesla excel, so they are definitely picking a solid architecture here.Glad to see at least one legacy automaker make the investment to join ...
Ford CEO on plans to build cheaper and cost-efficient EVs
Yahoo Finance· 2025-08-11 19:21
Ford (F) will invest $2 billion in the US to manufacture a midsize, four-door, electric pickup truck in the US, part of the company's strategy to produce cheaper and cost-efficient electric vehicles (EVs). Ford CEO Jim Farley joins Market Catalysts with Yahoo Finance Senior Autos Reporter Pras Subramanian to discuss the announcement, the company's EV strategy, tariff impacts on the automaker, and more. To watch more expert insights and analysis on the latest market action, check out more Market Catalysts he ...
Why Shares of Tesla Are Soaring Today
The Motley Fool· 2025-08-11 18:30
Elon Musk provided a robotaxi update over the weekend.Shares of Tesla (TSLA 4.13%) traded nearly 4% higher as of 2 p.m. ET today. CEO Elon Musk provided an update on the company's robotaxi fleet on Sunday, and new data could suggest that its electric vehicle (EV) sales trends are improving.A wider robotaxi releaseAccording to Barrons, Tesla recently reported longer wait times for its Model Y, rising from one to three weeks to a range of four to six weeks. It could signal that orders are picking up. The firs ...
Ford CEO Jim Farley on near $2B electric vehicle investment
CNBC Television· 2025-08-11 18:15
How confident are you that you can turn a profit with this new system given the fact that you lost $1.3% billion on EVs last quarter. >> We did. You're right.You know, this is our next cycle of product. Uh we've done a lot of homework for three years. We had the best talent on the planet to compete and beat BYD. We benchmark everyone on the planet.We know exactly the cost level we need to be at the kind of efficiency on engineering 40% faster to build the vehicle radically you know it's more simple parts on ...
Momentum Alert: META and TSLA Shares About to Surge?
ZACKS· 2025-08-11 18:06
During my usual Sunday evening market scan, two names jumped off the screen as standout opportunities for the week ahead: Meta Platforms ((META) and Tesla ((TSLA). These are two of the largest, most closely watched names in the market, and right now they both appear to be on the verge of significant technical breakouts.Over the past few months, their paths have diverged. Tesla has been grinding through a year marked by choppy, and volatile price action, while Meta has marched steadily higher, leading the br ...
X @Bloomberg
Bloomberg· 2025-08-11 17:35
General Motors is seeking to lure back some former employees of its defunct Cruise autonomous-vehicle business as part of a renewed push to develop a new driverless car https://t.co/bE1gBv5BlB ...