CEO Elon Musk slashing through company payroll with four rounds of layoffs. National Highway Traffic Safety Administration investigating Tesla's Autopilot safety. US DOJ probing securities and wire fraud allegations regarding Autopilot and Full Self-Driving claims.
Previous securities fraud accusation in 2018 led to Musk stepping down as chairman and paying penalties. Federal jury ruled in Musk's favor in 2023 class-action lawsuit. Class-action suit by Tesla owners on exaggerated range claims faced arbitration.
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