A group of activist shareholders has filed a class action lawsuit against Tesla and Elon Musk, alleging they misled investors regarding the safety of the Robotaxi vehicles launched in Austin on June 22, 2025. The lawsuit claims evidence shows the vehicles acting unsafely, including speeding and erratic driving. Shareholders seek damages for any equity lost from April 19, 2023, to June 22, 2025. While the Robotaxi platform has been operational for a short duration, concerns over safety have emerged, putting pressure on Tesla and its leadership, especially from activist investors.
The lawsuit claims Tesla misled investors about the safety of its Robotaxi rollout in Austin, which started June 22. Videos show vehicles exhibiting unsafe behaviors.
Activist shareholders pose a substantial threat to Tesla and Elon Musk, prompting concerns about safety and investor trust in the company’s autonomous vehicle initiatives.
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