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Investigation for Long Term Investors in Tesla, Inc. (NASDAQ: TSLA) announced over potential Wrongdoing

09-22-2023 04:30 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of current long term investors in Tesla, Inc. (NASDAQ: TSLA) shares.

An investigation on behalf of current long term investors in Tesla, Inc. (NASDAQ: TSLA) shares.

An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of Tesla, Inc.

Investors who are current long term investors in Tesla, Inc. (NASDAQ: TSLA) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for current long term investors in NASDAQ: TSLA stocks follows a lawsuit filed against Tesla, Inc. alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: TSLA stocks, concerns whether certain Tesla, Inc. directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the Northern District of California the plaintiff alleges that, the Defendants made false and/or misleading statements and/or failed to disclose that the Defendants had significantly overstated the efficacy, viability, and safety of the Company's Autopilot and FSD technologies, that contrary to Defendants' representations, Tesla's Autopilot and FSD technologies created a serious risk of accident and injury associated with the operation of Tesla vehicles, that all the foregoing subjected Tesla to an increased risk of regulatory and governmental scrutiny and enforcement action, as well as reputational harm, and that as a result, the Company's public statements were materially false and misleading at all relevant times.

Those who purchased shares of Tesla, Inc. (NASDAQ: TSLA) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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