{"componentChunkName":"component---src-templates-blog-post-js","path":"/blog/tesla-musk-sued-by-shareholders-over-self-driving-safety-claims/","result":{"data":{"site":{"siteMetadata":{"title":"No Frills News"}},"contentfulNfnPost":{"postTitle":"Tesla, Musk Sued by Shareholders Over Self-Driving Safety Claims","slug":"tesla-musk-sued-by-shareholders-over-self-driving-safety-claims","createdLocal":"2023-02-28 14:30:51.727681","publishDate":"2023-02-28 00:00:00","feedName":"Autonomous Vehicle News","sourceUrl":{"sourceUrl":"https://www.insurancejournal.com/news/national/2023/02/28/709744.htm"},"postSummary":{"childMarkdownRemark":{"html":"<p>Tesla Inc. and its Chief Executive Elon Musk were sued on Monday by shareholders who accused them of overstating the effectiveness and safety of their electric vehicles’ Autopilot and Full Self-Driving technologies.\nThe share price also fell 5.7% on Feb. 16 after NHTSA forced a recall of more than 362,000 Tesla vehicles equipped with Full Self-Driving beta software because they could be unsafe around intersections.\nTesla Recalls 362,000 Vehicles Over Full Self-Driving SoftwareTesla has said it acquiesced to the recall, though it disagreed with NHTSA’s analysis.\nMonday’s lawsuit led by shareholder Thomas Lamontagne seeks unspecified damages for Tesla shareholders from Feb. 19, 2019 to Feb. 17, 2023.\nTesla’s share price closed Monday up $10.75, or 5.5%, at $207.63, but the stock has lost about half its value since peaking in Nov. 2021.</p>"}}}},"pageContext":{"slug":"tesla-musk-sued-by-shareholders-over-self-driving-safety-claims"}}}