Musk Wins Dismissal of Lawsuit Accusing Tesla of Misleading Public About Self-Driving Tech

Lawsuits just roll off this guy’s back.

Unlike the Cybertruck, which has a disgusting rusty back, Elon has the back of a duck.

He did lie about self-driving, it’s a gigantic scam – the cars do not drive themselves. Of course, it says that in the fine print, but he made all of these public statements lying about it.

Reuters:

Tesla and its CEO Elon Musk on Monday won the dismissal of a lawsuit accusing them of defrauding shareholders by overstating the effectiveness and safety of the automaker’s self-driving technology in order to boost its stock price.

U.S. District Judge Araceli Martinez-Olguin in San Francisco said shareholders failed to show Tesla and Musk should be liable for falsely promising they were close to delivering technology that would drive safer than humans, but that was actually “plagued with safety issues” and encouraged inattentiveness.

Tesla vehicles have included “Autopilot” software designed to enhance self-driving capabilities, and the company has sold “Full Self Driving” software upgrades.

Martinez-Olguin said some of Tesla’s and Musk’s challenged statements were not necessarily false, while others could be excused because they addressed future expectations for the technology.

She said Musk’s “hands-on” management did not mean he knew more than he let on, while his nearly $34 billion profit from selling Tesla shares in the February 2019 to February 2023 class period did not show he was cashing out at other shareholders’ expense.

Whatever.

Tesla is a doomed company regardless.

The Chinese already won the EV race and they won it by such an extreme margin that there is simply no way tariffs or other trade regulation scams can prevent the total Chinese victory over Elon Musk.