Tesla shares are trading lower. A report suggested that U.S. prosecutors are looking into whether Tesla misled investors and customers about its self-driving technology.
Portfolio Pulse from Benzinga Newsdesk
Tesla shares are trading lower following a report that U.S. prosecutors are investigating whether the company misled investors and customers about its self-driving technology.
May 08, 2024 | 12:53 pm
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Tesla's stock is under pressure due to reports of a U.S. prosecutors' investigation into possible misleading statements about its self-driving technology.
The investigation by U.S. prosecutors into Tesla's claims about its self-driving technology raises concerns about potential legal challenges and regulatory actions. This could affect investor confidence and the company's reputation, leading to a negative impact on the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100