Tesla And 'The Boy Who Cried FSD' Reportedly Under Investigation By California Attorney General
Portfolio Pulse from AJ Fabino
The California Attorney General's office is reportedly investigating Tesla Inc (NASDAQ:TSLA) over safety issues related to its Autopilot feature and allegations of false advertising. The investigation was triggered by customer and former employee complaints. Tesla, in its Q2 financial report, confirmed that it has been solicited for information by various regulatory and governmental bodies, but did not disclose the ongoing investigation by the California Attorney General.
July 26, 2023 | 9:34 pm
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NEGATIVE IMPACT
Tesla is under investigation by the California Attorney General over safety issues and allegations of false advertising. This could potentially harm the company's reputation and stock price.
The investigation by the California Attorney General into safety issues and allegations of false advertising could potentially harm Tesla's reputation. This could lead to a decrease in consumer trust and sales, which could negatively impact the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100