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(Reuters) -U.S. prosecutors are examining whether Tesla committed securities or wire fraud by misleading investors and consumers about its electric vehicles’ self-driving capabilities, three ...
In 2018, The Center for Investigative Reporting's Reveal published an investigation concluding that Tesla under-counted worker injuries to make its safety record appear better. It included findings such as the factory floor not having clearly marked pedestrian lanes and instead having lanes painted different shades of gray because Elon Musk ...
Tesla attacked the lawsuit as a "disingenuous attempt to secure attorney's fees posing as a legitimate legal action". [103] On May 19, 2018, Tesla reached an agreement to settle the class-action lawsuit. Under the agreement, class members, who paid to get the Autopilot upgrade between 2016 and 2017, will receive between US$20 and $280 in ...
Federal prosecutors have expanded investigations into Tesla beyond the electric vehicle maker's partially automated driving systems, and they have issued subpoenas for information instead of ...
The National Highway Traffic Safety Administration has launched an investigation into crashes It said occurred while Tesla vehicles were operating with a parking feature that allows owners to ...
A Tesla customer filed a class-action suit against Tesla, alleging the company and CEO Elon Musk misrepresented its "autopilot" technology. Elon Musk's Tesla accused of fraud, false advertising of ...
Tesla under Musk's leadership has been involved in a number of lawsuits and controversies, [11] including investigations by the U.S. Securities and Exchange Commission (SEC) and the Department of Justice. [12]
The settlement requires Tesla board members including Denholm and Murdoch to return roughly $277 million in cash, $459 million in stock options and to forgo stock options for 2021-23 worth $184 ...