Tesla edged slightly lower in Tuesday’s stock market as Reuters reported that the EV giant and CEO Elon Musk have been sued by TSLA shareholders for allegedly committing securities fraud around their autonomous self-driving vehicle claims. Lawyers filed the class action suit late Monday in Austin, Texas, federal court and seeks unspecified damages for Tesla shareholders between April 19, 2023 and June 22, 2025, according to Reuters. Tesla launched its limited robotaxi ride-hailing service in Austin on June 22.
