"Plaintiffs fail to allege sufficient facts showing that defendants engaged in such a fraudulent scheme to mislead investors," Martínez-Olguín wrote in her decision.
Even if data existed to support those allegations, "the fact that there were safety issues with [Autopilot and FSD] does not suggest that it was false or misleading" of Tesla.
The plaintiffs allege the defendants' statements, coupled with the many investigations and records of Autopilot accidents, lead to the obvious conclusion that Tesla has been lying for years about the kinda-self-driving technology.
The central charge in the case revolves around whether repeated claims that FSD was 'coming soon' and safer than human drivers artificially boosted Tesla's share price.
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