Tesla investors sue for securities fraud, alleging false statements about autonomous driving tech.

Levi & Korsinsky, LLP has filed a class action securities lawsuit against Tesla, Inc. alleging securities fraud between April 19, 2023, and June 22, 2025. The lawsuit seeks to recover losses for investors who were adversely affected by alleged false statements and/or concealment of the effectiveness of Tesla's autonomous driving technology. Investors who suffered losses may contact Joseph E. Levi, Esq. via email or telephone.

A federal judge has certified two classes of customers accusing Tesla Inc. of fraud over allegedly misleading statements about its electric vehicles’ self-driving capabilities. The certification, issued by Judge Rita F. Lin of the US District Court for the Northern District of California, indicates that thousands of customers may be eligible to participate in the lawsuit [1].

The lawsuit, In Re Tesla Advanced Driver Assist Systems Litigation, alleges that Tesla overstated the effectiveness of its autonomous driving technology. This led to customers believing that Tesla vehicles were equipped with "full self-driving capability," despite the actual capabilities being less advanced [1]. The case is significant as it highlights the potential legal implications of misrepresentations in the rapidly evolving field of autonomous driving.

In a separate development, Levi & Korsinsky, LLP has filed a class action securities lawsuit against Tesla Inc. alleging securities fraud between April 19, 2023, and June 22, 2025. The lawsuit seeks to recover losses for investors who were adversely affected by alleged false statements and/or concealment of the effectiveness of Tesla's autonomous driving technology [2]. Investors who suffered losses during this period are encouraged to contact Joseph E. Levi, Esq. via email or telephone for more information.

The lawsuit alleges that Tesla made false statements and/or concealed that its autonomous driving vehicles, including the Robotaxi, would operate dangerously and/or in violation of traffic laws. These misrepresentations, according to the complaint, increased the likelihood of regulatory scrutiny and overstated the company's business and financial prospects [2]. The lawsuit seeks to recover losses on behalf of Tesla investors who were affected by these alleged misrepresentations.

Investors who purchased shares of Tesla during the specified class period are encouraged to register for this class action. The deadline to seek to be a lead plaintiff is October 3, 2025. There is no cost or obligation to participate in the case [2]. The Gross Law Firm, which is handling the lawsuit, is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship [3].

References:
[1] https://news.bloomberglaw.com/class-action/tesla-must-face-customer-classes-in-self-driving-fraud-lawsuit
[2] https://www.globenewswire.com/news-release/2025/08/14/3133929/3080/en/Levi-Korsinsky-Reminds-Shareholders-of-a-Lead-Plaintiff-Deadline-of-October-3-2025-in-Tesla-Inc-Lawsuit-TSLA.html
[3] https://www.globenewswire.com/news-release/2025/08/18/3135294/0/en/The-Gross-Law-Firm-Reminds-Tesla-Inc-Investors-of-the-Pending-Class-Action-Lawsuit-with-a-Lead-Plaintiff-Deadline-of-October-3-2025-TSLA.html