The lawsuit filed by the Department of Motor Vehicles involved Tesla's Autopilot and Full Self-Driving claims.
Shares of Tesla Inc. NASDAQ: TSLA closed at their highest level in almost a year on Dec. 16, extending a powerful rally that has been gathering pace in recent weeks. The stock is now up nearly 120% since April and roughly 25% since late November, with the most recent surge driven by renewed excitement around its expanding robotaxi ambitions.
TSLA hits record highs as investors shift focus beyond EVs to robotaxis and Optimus robots, reframing Tesla as a long-term bet.
A US administrative law judge in California has ruled that Tesla Inc (NASDAQ:TSLA) used misleading and deceptive language in marketing its “Autopilot” and “Full Self-Driving” (FSD) software, a decision that could lead to the temporary suspension of the company's vehicle sales and production in the state. The ruling marks a major turning point in a long-running case brought on by the California Department of Motor Vehicles (DMV), which argued that Tesla exaggerated the capabilities of its driver-assistance systems in a way that endangered public safety.
Key US stocks show signs of strength, with Tesla and Palantir pressing toward breakouts that could support the broader market. Super Micro Computer may be stabilizing, but confirmation is still needed before buyers step in.
TSLA rebounds from a shaky start in 2025 after Musk's renewed focus and fully driverless robotaxi tests spark a rally to new highs.
The S&P 500 logged its third straight losing day following the release of jobs data. Tesla shares set new intraday and closing highs as investors bet on the EV maker's robotaxi ambitions.
Tesla (NASDAQ: TSLA) reached a new all-time high of $488 on Tuesday, December 16, and artificial intelligence (AI) suggests that the $500 Tesla stock price target could be in reach sooner than you think.
An administrative law judge has ruled that Tesla engaged in deceptive marketing that gave customers a false impression of the capabilities of its Autopilot and Full Self-Driving driver assistance software. This is a pivotal development in a years-long case initiated by California's Department of Motor Vehicles.
SpaceX's reported pursuit of a $1.5 trillion valuation in an IPO next year would add hundreds of billions of dollars to Elon Musk's wealth.
While the jobs market continues to lose steam, Retail Sales provided some reasons to be cheerful.
An administrative judge found that the automaker deceived consumers by falsely implying its cars could drive on their own.