10:41 AM EDT, 08/05/2025 (MT Newswires) -- Tesla (TSLA) and Chief Executive Elon Musk are facing a shareholder lawsuit accusing them of making false and misleading statements, including overstating the effectiveness of the company's autonomous driving technology, according to a complaint filed Monday in federal court in Texas.

The proposed class action lawsuit said that because of the alleged overstatement, there was a "significant risk" that Tesla's autonomous driving vehicles, including the Robotaxi, would operate dangerously and/or violate traffic laws.

The lawsuit seeks to recover unspecified damages for persons and entities who bought Tesla securities between April 19, 2023, and June 22, 2025.

The automaker didn't immediately respond to a request for comment from MT Newswires.

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