Tesla Inc News

JPMorgan Drops Suit Against Tesla Over Musk Tweet, Warrants

JPMorgan Chase & Co. agreed to drop a lawsuit it filed against Tesla Inc. three years ago seeking $162 million tied to stock warrant transactions. The move to end the litigation was announced Friday in a one-page court filing by …

Musk’s Vow to Make Lots of Robotaxis Conflicts With US Rules

Elon Musk promised to pump out robotaxis in high numbers when Tesla Inc. unveiled prototypes of its Cybercab last week. There’s a big problem with that: US rules won’t allow it. Automakers must secure permission from the National Highway Traffic …

Tesla Defeats Investor Lawsuit Over Musk’s Autopilot Marketing

Tesla 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 …

Tesla Analyst Nearly Crashes While Using ‘Full Self-Driving’

Elon Musk has said during Tesla Inc.’s last two earnings calls that investors won’t understand the company unless they’re using the driver-assistance system marketed as Full Self-Driving. William Stein, a Truist Securities analyst with a hold rating on Tesla’s stock, …

Tesla Must Face Autopilot False Ad Claims by California DMV

Tesla Inc. failed to persuade an administrative judge to dismiss claims by a California regulator that the company overstated its vehicles’ self-driving capabilities — one of several ongoing regulatory investigations of the electric-car maker’s marketing. The California Department of Motor …

All the Major Legal Battles Elon Musk and His Companies Are Facing

Elon Musk and his companies are embroiled in dozens of lawsuits, ranging from fatal crashes blamed on Tesla Inc.’s Autopilot system to civil rights complaints over the treatment of employees. Tesla’s board and Musk were hit Thursday with another suit …

Tesla Settles Fatal Crash Suit as Another Jury Trial Loomed

Tesla Inc. has reached a deal to resolve a lawsuit over the death of a Model S passenger in a fiery 2016 crash, marking the second time in two months the electric-vehicle maker has avoided a jury trial in California …

Tesla Must Face False Advertising Claims it Misled Buyers About Self-Driving

Tesla Inc. must face a proposed class-action lawsuit alleging that it misled consumers about its cars’ self-driving capabilities, a fresh setback for the electric-car maker just as Chief Executive Officer Elon Musk has staked the company’s future on autonomy. Tesla …

Tesla Autopilot Probed After 20 Crashes in Months Since Recall

The top US auto-safety regulator is again investigating Tesla Inc.’s Autopilot, this time over whether a fix deployed months ago did enough to stop people from misusing the system. The National Highway Traffic Safety Administration disclosed Friday that it’s opened …

Tesla Settles Over Fatal Autopilot Crash on Eve of Trial

Tesla Inc. reached a settlement on the eve of its highest-profile trial yet over a crash blamed on Autopilot, the driver-assistance system Elon Musk has billed as crucial to his pursuit of self-driving cars, according to court filings. Terms of …