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Could This Class Action Tank Tesla's Market Value?
Description
The Art of Value host JJ breaks down the news that a US District Judge has said that Tesla must now face a class action by California drivers, who are saying that Elon Musk and Tesla misled them for eight years about the claimed self-driving capabilities of Tesla’s electric vehicles. Could this class action impact the value of Tesla, and therefore Tesla stock?
Related episodes:
Jury Finds Tesla Partly Liable ($243m) in Autopilot Fatality https://youtu.be/1Td5wScZbd4
Ex-Waymo CEO DESTROYS Tesla Robotaxi Hype https://youtu.be/o_4tiLJGHok
Musk Tesla Sued for Fraud Over Robotaxi Claims https://youtu.be/kgpCDL_CjxI
Tesla Lied & Hid Data to Avoid Autopilot Crash Blame https://youtu.be/Ck0E1qLQn7I
Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.