TheOutdoorThreadmill
Poster of Savage Greatness.
Tesla just won dismissal of a shareholder lawsuit alleging misleading statements about self-driving capabilities propped up its stock price.“Plaintiffs fail to connect Musk’s hands-on management with any information that he allegedly learned rendering his statements false or misleading,” the Judge wrote.In her ruling today, US District Judge Araceli Martínez-Olguín rejected shareholders’ allegations that Elon overstated Tesla’s self-driving technology with assurances that drivers could “go to sleep” in their car by 2020, among other promises. She found that some of the alleged overstatements concerned future plans, while others weren’t necessarily false.