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Tesla stock price impact within one week of case resolution
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Resolution / Starting Odds
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Closing price of Tesla stock on NASDAQ
Story
Tesla Must Face California DMV's False Autopilot Marketing Case in Court
Jun 10, 2024, 08:54 PM
Tesla Inc. must face allegations from the California Department of Motor Vehicles (DMV) that the company overstated the capabilities of its 'Autopilot' and 'Full Self-Driving' (FSD) features. A California administrative judge has ruled against Tesla's bid to dismiss the claims, allowing the case to move forward to court. The allegations suggest that Tesla's marketing of these features may have misled consumers about the true capabilities of its self-driving technology. The automaker is led by billionaire Elon Musk.
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