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Tesla investors to get $12,000 each from Musk’s SEC deal

Tesla investors to get $12,000 each from Musk’s SEC deal

by AIP Online Bureau | Aug 26, 2023 | International News, Regulation, Risk Management

The US Securities and Exchange Commission aims to pay the investors the $40 million plus interest that Tesla’s chief executive officer and the company agreed to as civil penalties to settle a lawsuit by the regulator Investors had incurred losses from Elon Musk’s...
US seeks details on changes that Tesla made to Autopilot driver-assist system as part of crash probe

US seeks details on changes that Tesla made to Autopilot driver-assist system as part of crash probe

by AIP Online Bureau | Jul 7, 2023 | International News, Regulation, Risk Management, Technology

The request is part of a larger investigation into why Teslas operating on Autopilot have struck emergency vehicles that are stopped along highways while they are responding to other incidents. It covers all versions of automated driving system including “Full...

Dutch watchdog looking into alleged Tesla data breach

by AIP Online Bureau | May 28, 2023 | International News, Risk Management

The data protection office in Brandenburg, which is home to Tesla’s European gigafactory, described the data leak as “massive.” The data protection watchdog for the Netherlands said on Friday it was aware of possible Tesla data protection breaches, but it was too...
Tesla investors to get $12,000 each from Musk’s SEC deal

Tesla wins key car crash trial involving Autopilot

by AIP Online Bureau | Apr 22, 2023 | International News, Risk Management, Technology

Justine Hsu, a resident of Los Angeles, sued the electric-vehicle maker in 2020, saying her Tesla Model S swerved into a curb while it was on Autopilot and then an airbag was deployed “so violently it fractured Plaintiff’s jaw, knocked out teeth, and...
Tesla and Elon Musk sued by shareholders for overstating the effectiveness and safety of company’s EVs

Tesla and Elon Musk sued by shareholders for overstating the effectiveness and safety of company’s EVs

by AIP Online Bureau | Mar 1, 2023 | International News

In a proposed class action filed in San Francisco federal court, shareholders said Tesla defrauded them over four years with false and misleading statements that concealed how its technologies, suspected as a possible cause of multiple fatal crashes, “created a...
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