Tesla Investors Are Suing Elon Musk Over His Disastrous Robotaxi Debut
Tesla shareholders have sued CEO Elon Musk and his carmaker as part of a proposed class action lawsuit, claiming that the billionaire had hidden significant risk with the company's robotaxis. As Reuters reports, Tesla's failure to clarify the risks amounts to securities fraud, according to the lawsuit. It's a major escalation, highlighting significant discontent with the way the EV maker's early testing of its long-awaited autonomous ride-hailing service has panned out. We've come across footage of robotaxis driving twice the speed limit or down the opposing lane of traffic. We've also seen them brake erratically, and jerk the steering wheel […]
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https://futurism.com/tesla-investors-suing-elon-musk-disastrous-robotaxi-debut