2024-10-01
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it house reported on october 1 that a u.s. district court judge dismissed the lawsuit against tesla on september 30, local time. the lawsuit accuses tesla and ceo elon musk of exaggerating the capabilities and development progress of fully self-driving (fsd) technology to drive up the stock price.
the shareholders who filed the lawsuit claim that the company and musk misled investors about fsd technology. they specifically cited musk's public statement that "by 2020, drivers will be able to sleep in the car" as an example, believing that this is typical misleading propaganda.
the plaintiff claimed that musk made these remarks to push up tesla's stock price. when the stock price soared, musk sold shares worth us$39 billion (it home note: currently about 273.416 billion yuan).
however, the court did not support the plaintiff's argument. in her ruling, judge araceli martínez-olguín noted that some of the alleged exaggerations related to future plans, while other parts were not necessarily false. in addition, the plaintiff failed to provide sufficient evidence to prove that musk knew that the statements were false when he made these statements.
tesla has maintained a positive momentum in the field of autonomous driving, but its overly optimistic timetable has also raised questions from the outside world. over the years, tesla has repeatedly promised to achieve full self-driving in the short term, but this goal has not yet been achieved. however, the robotaxi platform, which will be released on october 10, is regarded as an important step for tesla to move towards fully driverless driving.