Tesla Defeats Investor Lawsuit Over Musk’s Autopilot Marketing
Elon Musk has touted autonomy for over a decade, and has persuaded customers to pay thousands of dollars for its Full Self-Driving, or FSD, feature.
Photographer: Alessia Pierdomenico/BloombergTesla Inc. won dismissal of a shareholder lawsuit alleging misleading statements about self-driving capabilities propped up its stock price, though the company still faces numerous other complaints and regulatory investigations of its marketing.
Tesla Chief Executive Officer Elon Musk declared in April that Tesla is “going balls to the wall for autonomy” while committing the carmaker to a next-generation, self-driving vehicle concept called the robotaxi. The billionaire entrepreneur has touted autonomy for over a decade, and has persuaded customers to pay thousands of dollars for features marketed as Full Self-Driving, or FSD.