Tesla, Musk win dismissal of lawsuit over Model 3 production [MSN Money]
Tesla, Inc. (TSLA)
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Source: MSN Money
Tesla, Elon Musk win dismissal of lawsuit over Model 3 production © Reuters/Jason Lee SAN FRANCISCO (Reuters) - A federal judge in San Francisco dismissed for the second time a securiti fraud lawsuit brought by Tla Inc shareholders alleging that the company made misleading commts about the production status of its Model . Load Error U.S. District Judge Charl Breyer sided with Tla, granting the electric vehicle company dismissal of the lawsuit brought in October 07. Breyer dismissed the original lawsuit in August but allowed plaintiffs to file an amded one. The lawsuit sought class action status for shareholders who bought Tla stock betwe May , 06 through Nov. , 07. It said shareholders bought "artificially inflated" shar because Musk and other executiv misled them with bullish statemts about the production ramp of the Model , failing to disclose that the company was "woefully unprepared" for the vehicle's production. Tla argued in its defse that it had be forthcoming about challg with
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News
- Safety regulator probing whether Tesla's recall of 2 million vehicles with Autopilot was adequate to fix safety threat [CNN]CNN
- Study Shows Nearly Half Of All Electric Vehicles Are Now Cheaper To Own Than Gas-Powered Models [Forbes]Forbes
- Safety regulator probing whether Tesla's recall of 2 million vehicles with Autopilot was adequate to fix safety threat [Yahoo! Finance]Yahoo! Finance
- Facebook Cofounder Says Tesla Has Committed "Consumer Fraud on a Massive Scale," Will End in Jail [Yahoo! Finance]Yahoo! Finance
- Tesla recalled its vehicles, but Autopilot crashes kept happening: feds [Business Insider]Business Insider
TSLA
Earnings
- 4/23/24 - Beat
TSLA
Sec Filings
- 4/25/24 - Form 144
- 4/25/24 - Form DEFA14A
- 4/24/24 - Form 10-Q
- TSLA's page on the SEC website