Tesla Protestor From Shanghai Auto Show 2021 Lost Another Lawsuit Against Company: Report
Portfolio Pulse from Anan Ashraf
A Tesla customer who protested at the Shanghai Auto Show in 2021 has reportedly lost another lawsuit against the company. Zhang Yazhou claimed her father had an accident due to a brake malfunction in a Tesla Model 3, but Tesla maintained the driver was speeding. The Chinese court ruled that Tesla is not responsible for any reputational damage suffered by Yazhou.
May 31, 2023 | 6:37 am
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Tesla wins another lawsuit against a customer who claimed a brake malfunction caused an accident. The Chinese court ruled that Tesla is not responsible for any reputational damage.
The news of Tesla winning another lawsuit against the customer is positive for the company, as it reinforces Tesla's stance on the issue and reduces potential legal liabilities. This could have a positive short-term impact on Tesla's stock price, as it shows the company's ability to defend itself in court and maintain its reputation.
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