Recent Security Class Actions

Tesla Inc. Common Stock (NASDAQ: TSLA)

Company Name:Tesla Inc. Common Stock
Stock Symbol:NASDAQ: TSLA
Class Period Start:02/19/2019
Class Period End (inclusive):02/17/2023
Filing Deadline:04/28/2023

The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operations, and prospects. Specifically, the Complaint alleges Defendants made false and/or misleading statements and/or failed to disclose that: (i) Defendants had significantly overstated the efficacy, viability, and safety of the Company’s Autopilot and FSD technologies; (ii) contrary to Defendants’ representations, Tesla’s Autopilot and FSD technologies created a serious risk of accident and injury associated with the operation of Tesla vehicles; (iii) all the foregoing subjected Tesla to an increased risk of regulatory and governmental scrutiny and enforcement action, as well as reputational harm; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.