Tesla and Musk Beat Shareholder Lawsuit over Self-Driving Promises
Tesla and its CEO Elon Musk have won the dismissal of a lawsuit accusing them of defrauding shareholders by overstating the effectiveness and safety of the automaker's self-driving technology in order to boost its stock price. The U.S. District Judge ruled that shareholders failed to show Tesla and Musk should be liable for falsely promising technology that would drive safer than humans. The judge also mentioned that some of Tesla's and Musk's challenged statements were not necessarily false and that Musk's