Tesla has filed a lawsuit against the California Department of Motor Vehicles in an attempt to overturn an agency ruling. The state DMV ruled that Tesla used deceptive marketing to overstate the automated driving capabilities of its vehicles, thereby violating state law.
Tesla is suing the California DMV to try to shed the label of "false advertiser." The California DMV previously ruled that Elon Musk's automaker falsely promoted its cars' self-driving capabilities.
Tesla stock declined at the start of the new trading week, as investors assessed intensifying competition in autonomous driving and continued weakness in electric-vehicle demand. Tesla stock was down about 2% at $408.60 in early trading.
For much of last year, Tesla (NASDAQ: TSLA | TSLA Price Prediction) shares traded wel l below the S&P 500.
The key to the company adding value for shareholders is the growth of its robotaxi rollout. Tesla's rivals have pulled back on robotaxi development after investing billions to try to compete.
A federal judge has ruled that Tesla is still required to pay $243 million over a 2019 crash involving a Tesla equipped with Autopilot, despite the company's efforts to overturn the verdict.
Alliance Wealth Advisors LLC UT boosted its stake in Tesla, Inc. (NASDAQ: TSLA) by 28.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 10,532 shares of the electric vehicle producer's stock after acquiring an additional 2,361 shares during
A judge has denied Tesla's request to overturn a $243 million jury verdict that held the automaker partially responsible for a fatal crash involving its Autopilot driver assistance system.
The verdict was the first from a federal jury concerning a fatal accident involving Autopilot.
Price cuts have become a key part of Tesla's 2026 strategy, lowering entry prices to attract more cost-conscious buyers.
Everyone knows NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) and Tesla (NASDAQ:TSLA) are the marquee names in robotics and autonomous systems.
Tesla has reduced the price of the Cyberbeast variant of its Cybertruck to $99,990 from $114,990 in the United States, according to pricing information on the automaker's website.